Hewlett Packard Enterprise (NYSE:HPE) Full Year 2022 Results
Key Financial Results
Revenue: US$28.5b (up 2.6% from FY 2021).
Net income: US$868.0m (down 75% from FY 2021).
Profit margin: 3.0% (down from 12% in FY 2021).
EPS: US$0.67 (down from US$2.62 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hewlett Packard Enterprise Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 47%.
Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Tech industry in the US.
The company's shares are up 6.2% from a week ago.
We should say that we've discovered 4 warning signs for Hewlett Packard Enterprise that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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