Hewlett Packard Enterprise (NYSE:HPE) is set to report earnings this Wednesday after market close. Last quarter, HPE beat revenue expectations by 2.3%, reporting $7.63 billion, up 5.9% YoY. Analysts expect revenue to grow 10.8% YoY to $8.54 billion this quarter with adjusted earnings of $0.41 per share. Peers in the hardware & infrastructure sector like Pure Storage and IonQ have already reported Q2 results, with positive revenue growth. HPE shares are up 13% in the last month, heading into earnings with an average analyst price target of $23.60. Click for a free report on a semiconductor stock benefiting from AI growth.

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