Hewlett Packard Enterprise (HPE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Hewlett Packard Enterprise (HPE) reported $8.46 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 15.1%. EPS of $0.58 for the same period compares to $0.52 a year ago.The reported revenue represents a surprise of +2.81% over the Zacks Consensus Estimate of $8.23 billion. With the consensus EPS estimate being $0.55, the EPS surprise was +5.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.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: Revenue- Financial Services: $893 million versus $891.60 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.9% change. Revenue- Corporate Investments and other: $262 million compared to the $268.35 million average estimate based on three analysts. The reported number represents a change of -23.6% year over year. Revenue - Hybrid Cloud: $1.58 billion versus the three-analyst average estimate of $1.40 billion. Revenue- Intelligent Edge: $1.12 billion compared to the $1.20 billion average estimate based on three analysts. The reported number represents a change of -17.2% year over year. Revenue - Server: $4.71 billion versus $4.61 billion estimated by three analysts on average. Elimination of intersegment net revenue and other: -$109 million versus the three-analyst average estimate of -$134.47 million. The reported number represents a year-over-year change of -3.5%. Earnings from Operations- Financial Services: $82 million versus the two-analyst average estimate of $86.64 million. Earnings from Operations- Corporate Investments and other: -$2 million compared to the -$8.60 million average estimate based on two analysts. Earnings from Operations- Hybrid Cloud: $122 million compared to the $71.53 million average estimate based on two analysts. Earnings from Operations- Server: $545 million versus the two-analyst average estimate of $499.97 million. Earnings from Operations- Intelligent Edge: $274 million versus $283.21 million estimated by two analysts on average. View all Key Company Metrics for Hewlett Packard Enterprise here>>>Shares of Hewlett Packard Enterprise have returned +2% over the past month versus the Zacks S&P 500 composite's +6.7% 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.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hewlett Packard Enterprise Company (HPE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks