Benzinga | Jun 1, 2021 04:10PM EDT

HPE Raises Free Cash Flow Guidance From $1.1B-$1.4B To $1.2B-$1.5B

Hewlett Packard Enterprise raises GAAP diluted net EPS outlook to $0.60 to $0.72 from $0.48 to $0.66 and non-GAAP diluted net EPS outlook to $1.82 to $1.94 from $1.70 to $1.88. Fiscal 2021 non-GAAP diluted net EPS estimates exclude after-tax adjustments of approximately $1.22 per diluted share, primarily related to transformation costs, stock-based compensation expense and the amortization of intangible assets.