Hewlett Packard Stock Climbs After Q1 Earnings: Here’s Why

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Hewlett Packard Enterprise Co. (NYSE:HPE) shares climbed Monday’s extended trading after the company released its first-quarter earnings report, beating EPS estimates and raising guidance.

Here’s a look at the key figures from the quarter. 

The Details: Hewlett Packard reported quarterly earnings of 65 cents per share, which beat the consensus estimate of 55 cents, according to Benzinga Pro data.

Quarterly revenue came in at $9.301 billion, which just missed the Street estimate of $9.337 billion and was up from $7.85 billion in the same period last year.

Hewlett Packard reported the following …

Full story available on Benzinga.com

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