Hewlett Packard Enterprise targets 2024 earnings per share below consensus


(AOF) – Hewlett Packard Enterprise confirmed its annual objectives and revealed a 2024 adjusted earnings per share forecast lower than consensus. The group specializing in IT equipment and services for businesses is targeting adjusted earnings per share of between $2.11 and $2.15 for revenue growth of 4% to 6% at constant exchange rates.

For the 2024 financial year, the technology firm is targeting adjusted earnings per share of between $1.82 and $2.02 for revenue increasing by 2% to 4% at constant exchange rates. Wall Street targets earnings per share of $2.14. The company is also targeting an 8% increase in its dividend per share for the 2024 financial year.

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