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Hewlett Packard Enterprise Co. (NYSE: HPE) released fiscal fourth-quarter earnings report after markets closed on Tuesday. The company said that it had $0.61 in earnings per share (EPS) and $12.5 billion in revenue. There were consensus estimates that called for $0.61 in EPS and $12.85 billion in revenue. The same period from last year had $0.52 in EPS and $13.4 billion in revenue.

In terms of guidance for the fiscal first quarter of 2017, Hewlett Packard expects EPS to be in the range of $0.42 to $0.46, versus the consensus estimates calling for $0.46 in EPS and $12.35 billion in revenue.

Fourth-quarter cash flow from operations of $2.2 billion, up 44% from adjusted cash flow from operations in the prior-year period. On the books, cash and cash equivalents totaled $12.99 billion at the end of the quarter, compared with $9.84 billion in the same period from last year.

The company reported its segment results in the filing:

• Enterprise Group revenue was $6.7 billion, down 9% year over year, down 3% when adjusted for divestitures and currency, with a 13.2% operating margin.
• Enterprise Services revenue was $4.7 billion, down 6% year over year, down 2% when adjusted for divestitures and currency, with a 10.7% operating margin.
• Software revenue was $903 million, down 6% year over year, flat when adjusted for divestitures and currency, with a 32.1% operating margin.
• Financial Services revenue was $814 million, up 2% year over year, net portfolio assets were up 4%, and financing volume was down 4%.

Meg Whitman, President and CEO of Hewlett Packard Enterprise, commented:

FY16 was a historic year for Hewlett Packard Enterprise. During our first year as a standalone company, HPE delivered the business performance we promised, fulfilled our commitment to introduce groundbreaking innovation, and began to transform the company through strategic changes designed to enable even better financial performance.

Shares of Hewlett Packard closed Tuesday at $22.86, with a consensus analyst price target of $23.25 and a 52-week trading range of $11.62 to $23.85. Following the release of the earnings report the stock was initially flat in the after-hours trading session.