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Hewlett Packard Enterprise (HPE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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Hewlett Packard Enterprise (HPE - Free Report) reported $10.68 billion in revenue for the quarter ended April 2026, representing a year-over-year increase of 40%. EPS of $0.79 for the same period compares to $0.38 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $9.82 billion, representing a surprise of +8.74%. The company delivered an EPS surprise of +46.3%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hewlett Packard Enterprise performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Revenue- Cloud & AI: $7.71 billion compared to the $6.86 billion average estimate based on five analysts.
Net Revenue- Networking: $2.69 billion versus the five-analyst average estimate of $2.73 billion.
Net Revenue- Cloud & AI- Financial Services: $904 million compared to the $872.9 million average estimate based on four analysts.
Net Revenue- Cloud & AI- Server: $5.45 billion compared to the $4.62 billion average estimate based on four analysts.
Net Revenue- Corporate Investments and Other: $281 million compared to the $267.03 million average estimate based on four analysts.
Net Revenue- Cloud & AI- Storage: $1.18 billion versus $1.14 billion estimated by three analysts on average.
Net Revenue- Cloud & AI- Other: $174 million versus the three-analyst average estimate of $150.45 million.
Net Revenue- Networking- Routing: $775 million compared to the $771.24 million average estimate based on two analysts.
Net Revenue- Networking- Data Center Networking: $320 million versus the two-analyst average estimate of $453.11 million.
Net Revenue- Networking- Campus & Branch: $1.32 billion versus $1.25 billion estimated by two analysts on average.
Net Revenue- Networking- Security: $273 million versus the two-analyst average estimate of $245.45 million.
Earnings Before Taxes- Cloud & AI: $954 million versus $531.33 million estimated by four analysts on average.
Shares of Hewlett Packard Enterprise have returned +50.7% over the past month versus the Zacks S&P 500 composite's +6.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Hewlett Packard Enterprise (HPE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Hewlett Packard Enterprise (HPE - Free Report) reported $10.68 billion in revenue for the quarter ended April 2026, representing a year-over-year increase of 40%. EPS of $0.79 for the same period compares to $0.38 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $9.82 billion, representing a surprise of +8.74%. The company delivered an EPS surprise of +46.3%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hewlett Packard Enterprise performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Hewlett Packard Enterprise here>>>
Shares of Hewlett Packard Enterprise have returned +50.7% over the past month versus the Zacks S&P 500 composite's +6.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.