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- Company news: HP’s (HPQ) quarterly revenues miss analysts’ expectations
Ekonomické zprávy
29.02.2024
Company news: HP’s (HPQ) quarterly revenues miss analysts’ expectations
HP Inc. (HPQ) reported Q1 FY2024 earnings of $0.81 per share (versus $0.75 per share in Q1 FY2023), matching analysts’ consensus estimate of $0.81 per share.
The company’s quarterly revenues amounted to $13.185 bln (-4.4% y/y), missing analysts’ consensus estimate of $13.564 bln.
The company also issued in-line Q2 FY2024 EPS guidance of $0.76-0.86 versus analysts’ consensus estimate of $0.81 and reaffirmed FY2024 EPS guidance at $3.25-3.65 versus analysts’ consensus estimate of $3.45.
HPQ fell to $27.66 (-3.69%) in pre-market trading.
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