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    Home»Business»HPE skyrockets 30% on biggest earnings beat since 2018
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    HPE skyrockets 30% on biggest earnings beat since 2018

    franperez66q@protonmail.comBy franperez66q@protonmail.comJune 1, 2026No Comments1 Min Read
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    Antonio Neri, chief executive officer of Hewlett Packard Enterprise Co. (HPE), speaks during a keynote address at the HPE Discover event at the Sphere in Las Vegas, Nevada, US, on Tuesday, June 24, 2025.

    Ian Maule | Bloomberg | Getty Images

    Hewlett Packard Enterprise shares skyrocketed 30% on Monday after the tech company posted blockbuster second-quarter results that blew away estimates.

    Here’s how the company did compared to LSEG estimates:

    • Earnings per share: 79 cents adj. vs. 53 cents expected
    • Revenue: $10.68 billion vs. $9.79 billion expected

    It was the company’s biggest EPS beat since February 2018.

    Revenue was up 40% over a year ago.

    Overall Cloud & AI revenue came in at $7.71 billion, topping the StreetAccount estimate of $6.87 billion, but it was the company’s server unit that really impressed. Server revenue, which is a sub-division of the Cloud & AI unit, came in at $5.45 billion, blowing away the $4.66 billion expected by analysts.

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