Hewlett Packard Enterprise Co. (NYSE:HPE) posted its fiscal 2026 third-quarter results after Wednesday’s closing bell, beating estimates and raising its fiscal-year guidance above estimates.
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HPE Q3 Details
Hewlett Packard Enterprise reported quarterly earnings of $1.11 per share, which beat the consensus estimate of 93 cents by 19.35%, per Benzinga Pro data.
Quarterly revenue clocked in at $12.21 billion, which beat the Street estimate of $11.91 billion and was up from $9.14 billion in the same period last year.
Hewlett Packard also annoucned an expanded partnership with Oracle Corp. (NYSE:ORCL) to deploy HPE Juniper Networking across Oracle’s AI data centers.
“HPE Juniper Networking has been an important part of our cloud architecture and now plays a key role in our AI clusters, regional data centers, and edge networks with the scale, performance, and reliability our customers expect,” said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure.
Looking Ahead
Hewlett Packard raised its fiscal 2026 adjusted EPS guidance to between $3.75 and $3.85, versus the $3.43 analyst estimate, and raised its revenue outlook to between $45.96 billion and $46.99 billion, versus the $44.94 billion estimate.
HPE Stock Price: According to data from Benzinga Pro, Hewlett Packard Enterprise stock was down 0.62% to $51.51 in Wednesday’s extended trading.
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