HP Enterprise Stock Falls After Earnings Top Estimates. It’s a Shame About the Revenue.

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Updated Nov. 30, 2021 5:20 p.m. ET / Original Nov. 30, 2021 5:03 p.m. ET

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Hewlett Packard Enterprise shares traded little Tuesday adjacent though the computing hardware institution reported fiscal fourth-quarter profits that deed the precocious extremity of the scope investors had been told to expect.

For the fiscal 4th fourth ended Oct. 31, HP Enterprise (ticker: HPE) posted gross of $7.35 billion, up 2% from a twelvemonth ago, oregon level adjusted for currency. The fig was up 7% sequentially, but a hairsbreadth beneath the $7.38 cardinal that Wall Street expected.


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