HPE to Report Q3 Earnings with Revenue Guidance of $11.5-$12.1 Billion

Earnings
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Summary · why it matters

Hewlett Packard Enterprise is scheduled to report third-quarter fiscal 2026 results on September 2, after market close, with revenue guidance of $11.5-$12.1 billion and non-GAAP earnings per share of 88-93 cents. The Zacks Consensus Estimate for revenue is $12.1 billion, implying about 32% year-over-year growth, while the earnings estimate is 94 cents per share, reflecting a 113.6% increase. HPE has beaten earnings estimates in each of the trailing four quarters, with an average surprise of 16%, and the company's Earnings ESP of +6.54% and Zacks Rank #2 suggest another beat is likely. Growth is expected from AI infrastructure demand, networking, and hybrid cloud solutions, including offerings co-engineered with NVIDIA, and the Juniper acquisition has expanded its networking opportunity. HPE shares have surged 126.6% year-to-date, outperforming the industry's 103.3% growth, and trade at a forward P/S multiple of 1.45X versus the industry's 5.26X.

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AI infrastructure demand and co-engineered offerings with NVIDIA drive HPE growth.

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