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HP Inc. Reports Fiscal 2024 Second Quarter Results
Newsfilter· 2024-05-29 20:15
PALO ALTO, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ) Second quarter GAAP diluted net earnings per share ("EPS") of $0.61, within the previously provided outlook of $0.58 to $0.68 per shareSecond quarter non-GAAP diluted net EPS of $0.82, within the previously provided outlook of $0.76 to $0.86 per shareSecond quarter net revenue of $12.8 billion, down 0.8% from the prior-year periodSecond quarter net cash provided by operating activities of $0.6 billion, free cash flow of $0.5 billionSecond qua ...
HP Inc. Reports Fiscal 2024 Second Quarter Results
globenewswire.com· 2024-05-29 20:15
PALO ALTO, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) Second quarter GAAP diluted net earnings per share ("EPS") of $0.61, within the previously provided outlook of $0.58 to $0.68 per shareSecond quarter non-GAAP diluted net EPS of $0.82, within the previously provided outlook of $0.76 to $0.86 per shareSecond quarter net revenue of $12.8 billion, down 0.8% from the prior-year periodSecond quarter net cash provided by operating activities of $0.6 billion, free cash flow of $0.5 billionSecond qu ...
HP (HPQ) Gears Up to Report Q2 Earnings: What's in Store?
zacks.com· 2024-05-27 16:26
HP Inc. (HPQ) is slated to release second-quarter fiscal 2024 results on May 29, after market close.The company expects fiscal second-quarter non-GAAP earnings per share between 76 cents and 86 cents. The Zacks Consensus Estimate for earnings is pegged at 81 cents, indicating an improvement of 1.3% from the year-ago quarter.The Zacks Consensus Estimate for revenues is pegged at $12.5 billion, suggesting a decline of 3.2% from the prior-year quarter.HP’s earnings surpassed estimates in one of the trailing fo ...
HP (HPQ) Rises Yet Lags Behind Market: Some Facts Worth Knowing
zacks.com· 2024-05-24 23:01
HP (HPQ) closed at $32.75 in the latest trading session, marking a +0.31% move from the prior day. This change lagged the S&P 500's 0.7% gain on the day. Elsewhere, the Dow saw an upswing of 0.01%, while the tech-heavy Nasdaq appreciated by 1.1%.Shares of the personal computer and printer maker have appreciated by 16.07% over the course of the past month, outperforming the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03%.Investors will be eagerly watching for the performance of ...
Watch Your Feet! Don't Fall Into the HP Stock Dividend Trap.
investorplace.com· 2024-05-24 10:35
“Safety first” should be the credo of every dividend collector. Otherwise, you could end up losing money even if you’re collecting quarterly distributions. Sure, it may be tempting to invest in HP (NYSE:HPQ) in a quest for high yield. However, after learning more about HP and the market in which it operates, you’ll probably decide to leave HP stock alone.Just to avoid confusion, the electronics producer formerly known as Hewlett-Packard split in late 2015 into two separate companies. One of the two business ...
Gear Up for HP (HPQ) Q2 Earnings: Wall Street Estimates for Key Metrics
zacks.com· 2024-05-23 14:16
Wall Street analysts expect HP (HPQ) to post quarterly earnings of $0.81 per share in its upcoming report, which indicates a year-over-year increase of 1.3%. Revenues are expected to be $12.53 billion, down 2.9% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's earnings dis ...
Should Value Investors Buy HP (HPQ) Stock?
zacks.com· 2024-05-21 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...
HP Unlocks New Era of AI Experiences Powering Work and Creation
Newsfilter· 2024-05-20 18:00
World's most powerful and secure ultra-mobile AI PCs drive next generation of AI computing with record-breaking 26 hours of battery life 1, 2, 3 News Highlights: World's most powerful ultra-mobile next-gen AI PCs1 reclaim time for meaningful work and creationUnleash your full potential from anywhere with the world's longest battery life in an ultra-mobile next-gen AI PC3Sleek new HP next-gen AI PCs deliver lightning-fast responsiveness with a dedicated NPU4 capable of 45 trillion operations per second (TOPS ...
HP Unlocks New Era of AI Experiences Powering Work and Creation
globenewswire.com· 2024-05-20 18:00
World’s most powerful and secure ultra-mobile AI PCs drive next generation of AI computing with record-breaking 26 hours of battery life 1, 2, 3 News Highlights: World’s most powerful ultra-mobile next-gen AI PCs1 reclaim time for meaningful work and creationUnleash your full potential from anywhere with the world’s longest battery life in an ultra-mobile next-gen AI PC3Sleek new HP next-gen AI PCs deliver lightning-fast responsiveness with a dedicated NPU4 capable of 45 trillion operations per second (TOPS ...
HP shares seen moving higher on better second half - analysts
proactiveinvestors.com· 2024-05-16 14:12
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...