Company news: HP Inc. (HPQ) quarterly earnings match analysts' forecasts

HP Inc. (HPQ) reported Q4 FY2024 earnings of $0.93 per share (versus $0.90 per share in Q4 FY2023), matching analysts’ consensus estimate of $0.93 per share.

The company’s quarterly revenues amounted to $14.055 bln (+1.7% y/y), slightly beating analysts’ consensus estimate of $13.986 bln.

The company also issued downside EPS guidance for Q1 FY2025 of $0.70-0.76 versus analysts’ consensus estimate of $0.85.

For FY2025, HP Inc. guided to EPS of $3.45-3.75 versus analysts’ consensus estimate of $3.61.

HPQ fell to $35.19 (-10.00%) in pre-market trading.

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