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- Company news: HP Inc. (HPQ) quarterly results top analysts’ estimates
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30.05.2024
Company news: HP Inc. (HPQ) quarterly results top analysts’ estimates
HP Inc. (HPQ) reported Q2 FY2024 earnings of $0.82 per share (versus $0.80 per share in Q2 FY2023), marginally beating analysts’ consensus estimate of $0.81 per share.
The company’s quarterly revenues amounted to $12.800 bln (-0.8% y/y), beating analysts’ consensus estimate of $12.607 bln.
The company also issued in-line guidance for Q3 FY2024, seeing EPS of $0.78-0.92 versus analysts’ consensus estimate of $0.85.
For the full FY2024, HP Inc. guided to EPS of $3.30-3.60 versus analysts’ consensus estimate of $3.42.
HPQ rose to $34.69 (+5.76%) in pre-market trading.
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