Company News: HP Inc (HPQ) posts in-line Q1 earnings

Market news

28 February 2019

Company News: HP Inc (HPQ) posts in-line Q1 earnings

HP Inc (HPQ) reported Q1 FY 2019 earnings of $0.52 per share (versus $0.48 in Q1 FY 2018), in line with analysts’ consensus estimate.

The company’s quarterly revenues amounted to $14.710 bln (+1.3% y/y), slightly missing analysts’ consensus estimate of $14.815 bln.

HPQ fell to $20.45 (-14.26%) in pre-market trading.

Canada: Industrial Product Price Index, m/m, January -0.3% (forecast 0.1%)

Germany: CPI, y/y , February 1.6% (forecast 1.5%)

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