• Company News: HP Inc. (HPQ) posts quarterly earnings in line with analysts' estimates

Market news

30 November 2018

Company News: HP Inc. (HPQ) posts quarterly earnings in line with analysts' estimates

HP Inc. (HPQ) reported Q4 FY 2018 earnings of $0.54 per share (versus $0.44 in Q4 FY 2017), in line with analysts’ consensus estimate.

The company’s quarterly revenues amounted to $15.366 bln (+10.3% y/y), beating analysts’ consensus estimate of $15.129 bln.

The company also projected Q1 FY 2019 EPS of $0.50-0.53 (versus analysts’ consensus estimate of $0.52) and FY 2019 EPS of $2.12-2.22 (versus analysts’ consensus estimate of $2.18).

HPQ rose to $23.25 (+1.71%) in pre-market trading.

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