Technology

HP (NYSE:HPQ) Q3 EPS $0.86 Beats $0.80 Estimate, Sales $13.20B Beat $12.39B Estimate

HP (NYSE:HPQ) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.80 by 7.5 percent. This is a 17.31 percent decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $13.20 billion which beat the analyst consensus estimate of $12.39 billion by 6.54 percent. This is a 9.98 percent decrease over sales of $14.66 billion the same period last year.

HP (NYSE:HPQ) Q3 EPS $0.86 Beats $0.80 Estimate, Sales $13.20B Beat $12.39B Estimate Read Post »

HP’s Fiscal Q3 Adjusted Earnings, Revenue Drop; Lowers Fiscal 2023 Adjusted Profit Guidance

HP (NYSE:HPQ) reported fiscal Q3 adjusted earnings  of $0.86 per diluted share, down from $1.03 a year earlier. That result matched the average estimate of analysts polled by Capital IQ. Revenue for the quarter ended July 31 was $13.20 billion, down from $14.65 billion a year earlier. Analysts surveyed by Capital IQ expected $13.40 billion. HP said it expects fiscal Q4 adjusted EPS of $0.85 to $0.97. Analysts polled by Capital IQ are looking for $0.95. The company said it now expects fiscal 2023 adjusted EPS of $3.23 to $3.35. That compares with a range of $3.30 to $3.50 previously. Analysts surveyed by Capital IQ are expecting $3.37.

HP’s Fiscal Q3 Adjusted Earnings, Revenue Drop; Lowers Fiscal 2023 Adjusted Profit Guidance Read Post »

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