Abnormal Movement in US Stocks | Hewlett Packard Enterprise (HPE.US) drops 9% in pre-market trading, 2026 FY Q1 revenue outlook falls short of expectations.
According to the Securities Times APP, on Friday, Hewlett Packard Enterprise (HPE.US) fell 9% in pre-market trading, closing at $20.84. In terms of news, Hewlett Packard Enterprise stated in a performance statement on Thursday that it is expected to achieve revenue of $9 billion to $9.4 billion in the first quarter of its fiscal year 2026 ending in January. The adjusted earnings per share after excluding certain items will be in the range of $0.57 to $0.61. In comparison, Wall Street analysts have an average revenue expectation of around $9.88 billion and an adjusted earnings per share expectation of approximately $0.53. Hewlett Packard Enterprise's revenue outlook falls below analysts' expectations. For the fiscal year 2026, Hewlett Packard Enterprise reaffirmed its revenue guidance range of 17% to 22%.
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