HPE skyrockets 30% on biggest earnings beat since 2018

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. HPE bumped its full-year EPS guidance by a full dollar, projecting fiscal year 2026 EPS of $3.35 to $3.45, up from $2.30 to $2.50. The company said it is now tracking two years ahead of its own long-term financial plan. Stock Chart Icon Stock chart icon HPE one-day stock chart. This is breaking news. Please refresh for updates.