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HPE drops about 5% in after-hours even after Q3 beat and guidance raise

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HPE Hewlett Packard Enterprise Co
$51.83 +1.89%
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  1. 1Hewlett Packard Enterprise (HPE) reported Q3 adjusted EPS of $1.11 and revenue of $12.2 billion, beating estimates.
  2. 2The company raised its FY2026 EPS outlook to $3.75-$3.85 and revenue growth to 34%-37%, while also lifting its FY2027 guidance.
  3. 3Despite the beat and raised guidance, shares fell about 5% in after-hours trading as management projected sequentially lower operating margins due to a larger AI mix.

This 3-line summary is compiled from the report below.

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