Hewlett Packard Enterprise Co

NYSE:HPE   3:59:59 PM EDT
+0.14 (+1.50%)
Other Pre-Announcement

Hewlett Packard Enterprise Sees FY Non-GAAP EPS Between $1.56 And $1.76

Published: 10/15/2020 21:23 GMT
Hewlett Packard Enterprise Co (HPE) - Hewlett Packard Enterprise Accelerates Pivot to Drive Long-term Sustainable, Profitable Growth and Announces FY21 Outlook.
Sees FY Non-GAAP Earnings per Share $1.56 to $1.76.
Sees FY GAAP Earnings per Share $0.34 to $0.54.
Expects Free Cash Flow to Grow at a 3-year Cagr of Over 50% Between FY20 and FY23.
Free Cash Flow Expected to Be $0.9 Billion to $1.1 Billion for FY21.
Expects Its Non-GAAP Operating Profit Growth to Be Approximately 15-20% Year-over-year for FY21.
Remains on Track With Its Guidance to Generate a Net Annualized Run-rate Savings of $800 Million by End of FY22.
Non-GAAP Operating Profit Growth Excludes Costs of About $2.0 Billion for FY21.
Expects Non-GAAP Other Income & Expense of Approximately $150 Million of an Expense for FY21.
FY2021 Earnings per Share View $1.46 -- Refinitiv Ibes Data (analyst estimates).