HP Enterprise narrows higher FY25 EPS view to $1.78-$1.90 from $1.70-$1.90

Consensus $1.80. Narrows FY25 revenue view lower to up 7%-9% from up 7%-11%, which implies $32.24B-$32.84B, consensus $32.51B. FY25 non-GAAP diluted net EPS estimate “excludes net after-tax adjustments of approximately $1.48 per diluted share, primarily related to impairment of goodwill, stock-based compensation expense, the cost reduction program, acquisition, disposition and other charges, amortization of intangible assets, and H3C divestiture related severance costs. HPE still FY25 estimates free cash flow of approximately $1B.”