HPE Seen Beating $0.93 EPS as Traders Focus on AI, Juniper and Networking Margins
Updated
Updated · Benzinga · Sep 2
HPE Seen Beating $0.93 EPS as Traders Focus on AI, Juniper and Networking Margins
3 articles · Updated · Benzinga · Sep 2
Summary
Prediction markets price a 94% chance HPE tops $0.93 adjusted EPS when it reports fiscal third-quarter results after Wednesday’s close, with analysts looking for $11.94 billion in revenue.
Attention is shifting from the likely earnings beat to CEO Antonio Neri’s commentary on AI infrastructure, Juniper integration and the company’s “self-driving” networking strategy.
Kalshi traders expect HPE to highlight Alletra at 97%, Aruba and Private Cloud AI near 90%, reflecting businesses tied to strong AI demand and private-cloud deployments.
That messaging matters because networking delivered a 21.6% operating margin last quarter versus 12.4% for Cloud & AI, making the Juniper-Aruba combination central to margin expansion.
HPE enters the report with more than $6.3 billion in AI backlog after a prior-quarter beat sparked a nearly 20% next-day stock jump, while Dell’s fresh $95 billion AI backlog has raised the bar for order growth.