The company, however, hiked its fiscal 2026 adjusted earnings outlook to a range of $2.25 to $2.45 per share and raised the midpoint of free cash flow guidance.
Shares of Hewlett Packard Enterprise Co (HPE) fell 5% after-hours on Thursday after the information technology company reported mixed fourth quarter (Q4) earnings and hiked its guidance for fiscal year 2026.
The stock closed 3% higher on Thursday.
The company reported Q4 revenue of $9.7 billion, marking a growth of 14% year-on-year in dollars, but below an analyst estimate of $9.91 billion, according to data from Fiscal AI.
Adjusted earnings per share, however, came in at $0.62, above the company’s outlook range of $0.56 – $0.60, and beat Wall Street expectations of $0.58.
The company also hiked its fiscal 2026 adjusted earnings outlook to a range of $2.25 to $2.45 per share and raised the midpoint of free cash flow guidance, now expected to be in the range of $1.7 billion to $2 billion.
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