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Hewlett Packard (HPE) Q2 adjusted earnings drop, but beat estimates

by TheAdviserMagazine
2 weeks ago
in Markets
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Hewlett Packard (HPE) Q2 adjusted earnings drop, but beat estimates
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Hewlett Packard Enterprise (NYSE: HPE) on Tuesday reported a decrease in adjusted earnings for the second quarter of 2025. However, the bottom line surpassed analysts’ estimates.

Hewlett Packard (HPE) Q2 adjusted earnings drop, but beat estimates

The information technology giant posted earnings of $0.38 per share for the April quarter, on an adjusted basis, lower than the $0.42 per share profit reported in the year-ago quarter. The bottom line exceeded Wall Street’s expectations. On an unadjusted basis, the company posted a net loss of $1.08 billion or $0.82 per share for the second quarter, compared to a profit of $314 million or $0.24 per share in Q2 2024.

Revenues came in at $7.6 billion in the second quarter, compared to $7.2 billion in the corresponding quarter last year. Analysts had forecast revenues of $7.5 billion for the latest quarter.

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