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

Notícias do Mercado

28 maio 2020

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

HP (HPQ) reported Q2 FY 2020 earnings of $0.51 per share (versus $0.53 per share in Q2 FY 2019), beating analysts’ consensus estimate of $0.45 per share.

The company’s quarterly revenues amounted to $12.469 bln (-11.2% y/y), missing analysts’ consensus estimate of $12.781 bln.

The company also issued in-line guidance for Q3 FY 2020, projecting EPS of $0.39-0.45 versus analysts’ consensus estimate of $0.45.

HPQ fell to $16.05 (-6.25%) in pre-market trading.

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