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Hewlett Packard Enterprise (HPE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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Hewlett Packard Enterprise (HPE - Free Report) reported $12.21 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 33.7%. EPS of $1.11 for the same period compares to $0.44 a year ago.
The reported revenue represents a surprise of +0.99% over the Zacks Consensus Estimate of $12.09 billion. With the consensus EPS estimate being $0.95, the EPS surprise was +16.84%.
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: $9.04 billion versus the five-analyst average estimate of $8.71 billion.
Net Revenue- Networking: $2.89 billion compared to the $2.93 billion average estimate based on five analysts.
Net Revenue- Cloud & AI- Financial Services: $883 million versus the four-analyst average estimate of $907.37 million.
Net Revenue- Cloud & AI- Server: $6.77 billion versus $6.4 billion estimated by four analysts on average.
Net Revenue- Corporate Investments and Other: $278 million versus $274.74 million estimated by four analysts on average.
Net Revenue- Cloud & AI- Storage: $1.29 billion compared to the $1.22 billion average estimate based on three analysts.
Net Revenue- Cloud & AI- Other: $102 million compared to the $163.63 million average estimate based on three analysts.
Net Revenue- Networking- Routing: $788 million compared to the $824.23 million average estimate based on two analysts.
Net Revenue- Networking- Data Center Networking: $382 million versus $440.02 million estimated by two analysts on average.
Net Revenue- Networking- Campus & Branch: $1.44 billion versus the two-analyst average estimate of $1.45 billion.
Net Revenue- Networking- Security: $281 million compared to the $288.83 million average estimate based on two analysts.
Earnings Before Taxes- Networking: $637 million versus the two-analyst average estimate of $680.55 million.
Shares of Hewlett Packard Enterprise have returned -2.9% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Hewlett Packard Enterprise (HPE) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Hewlett Packard Enterprise (HPE - Free Report) reported $12.21 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 33.7%. EPS of $1.11 for the same period compares to $0.44 a year ago.
The reported revenue represents a surprise of +0.99% over the Zacks Consensus Estimate of $12.09 billion. With the consensus EPS estimate being $0.95, the EPS surprise was +16.84%.
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 -2.9% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.