We have just put together a list of 10 stocks that performed poorly due to disappointing news. In this article, we will examine how Hewlett Packard Enterprise Company (NYSE:HPE) compares to the other stocks. Wall Street ended the trading week positively, with all major indices showing increases as investors processed the latest information.
Yahoo Finance hosts Julie Hyman and Josh Lipton talk about stocks rising just before the market closes and Morgan Stanley's reduced growth prediction for the US in 2025. They also hear from HPE's CEO regarding their unsatisfactory earnings and outlook. Yahoo Finance offers free stock data, current news, and various tools to assist you in managing your finances.
Hewlett Packard Enterprise (HPE) shares are taking a hit on Friday. This follows the company's disappointing first quarter results and a less optimistic outlook for the future.
HPE's CEO, Antonio Neri, expressed the company's disappointment regarding the lawsuit from the US Department of Justice that is preventing their planned purchase of Juniper Networks. He shared his thoughts during an interview with Caroline Hyde and Jackie Davalos on "Bloomberg Technology."
Antonio Neri, the CEO of HPE, appears on 'Money Movers' to talk about the company's quarterly earnings report, the difficulties they faced in execution, and how he addressed those problems.
Hewlett Packard Enterprise's results for the first quarter of fiscal 2025 show positive growth in the Server, Hybrid Cloud, and Financial services areas.
Hewlett Packard Enterprise (HPE) provided profit forecasts that were lower than expected and missed quarterly profit targets, with CEO Antonio Neri admitting that the company could have performed better. HPE also revealed a plan to cut costs, which includes reducing its workforce by about 5%, or around 2,500 jobs. Following this news, HPE's shares dropped 15%, reaching their lowest point in over a year.
Analysts believe that HPE may encounter challenges in its AI server business, but they also think there is potential for growth in the future.
Hewlett Packard Enterprise Company (NYSE:HPE) will hold its Q1 2025 Earnings Conference Call on March 6, 2025, at 5:00 PM ET. The call will feature company leaders, including Paul Glaser, Antonio Neri, and Marie Myers, along with analysts from various financial institutions. Participants are currently in listen-only mode.
The main figures for Hewlett Packard Enterprise (HPE) provide an overview of the company's performance for the quarter that ended in January 2025. However, it could be useful to compare these important metrics with Wall Street predictions and the results from the same period last year.