Company News: HP (HPQ) quarterly earnings beat analysts’ estimates

Market news

23 August 2019

Company News: HP (HPQ) quarterly earnings beat analysts’ estimates

HP (HPQ) reported Q3 FY 2019 earnings of $0.58 per share (versus $0.52 in Q3 FY 2018), beating analysts’ consensus estimate of $0.55.

The company’s quarterly revenues amounted to $14.603 bln (+0.1% y/y), generally in line with analysts’ consensus estimate of $14.583 bln.

The company also issued in-line guidance for Q4, projecting EPS of $0.55-0.59 versus analysts’ estimate of $0.58.

HPQ fell to $17.40 (-8.08%) in pre-market trading.

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