HP Inc. reported Q3 FY 2016 earnings of $0.48 per share, beating analysts' consensus estimate of $0.45.
The company's quarterly revenues amounted to $11.892 bln (-3.8% y/y), beating analysts' consensus estimate of $11.492 bln.
HP issued downside guidance for Q4, projecting EPS of $0.34-0.37 versus analysts' consensus estimate of $0.40. It also lowered FY16 EPS to $1.59-1.62 from $1.59-1.65 versus analysts' consensus of $1.61.
HPQ fell to $13.60 (-5.56%) in pre-market trading.