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Thursday, February 22, 2018

-=Hewlett Packard Enterprise (HPE) reported earnings on Thur 22 Feb 2018 (a/h)



Hewlett Packard Enterprise beats by $0.12, beats on revs; guides Q2 EPS above consensus; guides FY18 EPS above consensus; Announces plan to return $7 billion to shareholders through FY19 in the form of share repurchases and a 50 percent dividend increase starting in Q3 FY18 
  • Reports Q1 (Jan) earnings of $0.34 per share, excluding non-recurring items, $0.12 better thanthe Capital IQ Consensus of $0.22; revenues rose 11.6% year/year to $7.7 bln vs the $7.07 bln Capital IQ Consensus.
  • Co issues upside guidancefor Q2, sees EPS of $0.29-0.33, excluding non-recurring items, vs. $0.26 Capital IQ Consensus Estimate.
  • Co issues upside guidancefor FY18, sees EPS of $1.35-1.45, excluding non-recurring items, vs. $1.18 Capital IQ Consensus Estimate.
  • Announces plan to return $7 billion to shareholders through FY19 in the form of share repurchases and a 50 percent dividend increase starting in Q3 FY18. 
  • "Our strong Q1 performance is proof that we have the right strategy and improved execution," said Antonio Neri, President and CEO of HPE. "We had good revenue growth across every business segment, continued to execute HPE Next with no disruption to the business, and delivered strong shareholder return in the form of share repurchases and dividends."

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