HP Inc. (HPQ) shares fell 7.8% during Wednesday’s after-market hours after the personal computer (PC) maker reported lower-than-expected bottom-line results for second-quarter fiscal 2025 and issued a profit outlook for the fiscal third quarter that fell short of the Zacks Consensus Estimate.HP reported second-quarter non-GAAP earnings of 71 cents per share, missing the consensus estimate by 11.3%. The bottom line declined 13% from the year-ago quarter’s earnings of 82 cents.HP’s earnings missed the Zacks C ...

HP Inc HPQ reported weaker-than-expected earnings for the second quarter on Wednesday.HP reported second-quarter revenue of $13.22 billion, beating analyst estimates of $13.15 billion. The company reported second-quarter adjusted earnings of 71 cents per share, missing estimates of 80 cents per share, according to Benzinga Pro."In Q2, we delivered solid revenue growth, led by strong Commercial performance in Personal Systems and continued momentum behind our future of work strategy," said Enrique Lores, pre ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

智通财经5月29日电，惠普公司下调年度利润预测后，其股价下跌13%。 ...

Market Overview - US stock index futures rose before the market opened, with Dow futures up 0.39%, S&P 500 futures up 0.88%, and Nasdaq futures up 1.34% [1] - European indices also showed positive movement, with Germany's DAX up 0.13%, UK's FTSE 100 up 0.05%, France's CAC40 up 0.63%, and the Euro Stoxx 50 up 0.50% [2][3] Commodity Prices - WTI crude oil increased by 0.40% to $62.09 per barrel, while Brent crude oil rose by 0.26% to $64.49 per barrel [3][4] Corporate News - Nvidia (NVDA.US) reported Q1 revenue of $44.1 billion, a 69% year-over-year increase, with data center revenue at $39.1 billion, up 73% year-over-year [11] - Salesforce (CRM.US) exceeded Q1 expectations with revenue growth of 8% to $9.8 billion and raised its revenue guidance for FY2026 [12] - C3.ai (AI.US) reported a 26% increase in revenue to $10.87 million for Q4 FY2025, with a positive outlook for FY2026 [13] - HP (HPQ.US) lowered its full-year earnings forecast due to tariff costs and economic weakness, with Q2 revenue of $13.2 billion, exceeding expectations but EPS falling short [14] - Li Auto (LI.US) reported a net profit of 647 million RMB for Q1 2025, a 9.4% increase year-over-year, with total vehicle deliveries of 92,864 units [15] - Futu Holdings (FUTU.US) saw Q1 revenue grow by 81.1% to 4.695 billion HKD (approximately $603 million), with net profit increasing by 97.7% [16] Economic Data and Events - Upcoming economic data includes the revision of the US Q1 GDP annualized rate and initial jobless claims for the week ending May 24 [17]

上市进行时 深圳市飞速创新技术股份有限公司 36氪获悉，据港交所，深圳市飞速创新技术股份有限公司向港交所提交上市申请书，联席保荐人为中金 公司、中信建投国际、招商证券国际。 上海仙工智能科技股份有限公司 36氪获悉，据港交所，上海仙工智能科技股份有限公司向港交所提交上市申请书，独家保荐人为中金公 司。 TOP3大新闻 员工从总监降职为"前台"，公司被判赔26万 陈某某2006年入职后担任公司信息管理中心总监职务，解除劳动合同前12个月平均月薪为20205元。 2019年公司将陈某某职务从总监降级为普通员工，办公地点从办公室调整到8楼楼梯大厅的前台位置， 调岗后的待遇保持不变。 陈某某认为，公司调岗的真实原因是公司与其协商解除劳动关系未能协商一致，所以公司故意给他"穿 小鞋"，将其调至8楼前台工作，取消了打印机使用权限，搬走其办公电脑，以其事实行为拒绝提供劳动 条件。公司认为，这是公司正常用工行为，陈某某工作绩效考核成绩较差，公司出于优化调整需要曾与 其协商解除劳动合同，就赔偿事宜进行协商，但双方未能达成一致意见。 最终，法院判决认为该调岗行为明显具有侮辱性和惩罚性，公司支付陈某某解除劳动合同的经济补偿 262 ...

Core Viewpoint - HP Inc. reported a disappointing profit outlook and lowered its full-year earnings forecast due to economic weakness and the impact of U.S. tariffs on Chinese goods, leading to a significant drop in after-hours trading [1] Financial Performance - For the second fiscal quarter ending April 30, HP's revenue was $13.2 billion, a year-over-year increase of 3.1%, exceeding market expectations [1] - The earnings per share (EPS) for the quarter was $0.71, while the average expectation was $0.81 [1] - HP adjusted its full-year adjusted EPS forecast from $3.45-$3.75 to $3.00-$3.30, significantly below the expected $3.56 [1] Market and Economic Conditions - CEO Enrique Lores indicated that rising economic uncertainty related to tariffs is negatively impacting computer demand, more than previously anticipated [1] - The overall economic environment has changed significantly since February, with noticeable shifts in consumer and business confidence [2] - The personal computer market, which had shown signs of recovery, is being hindered by tariffs [2] Business Operations - HP's personal systems business, which includes PCs, saw a revenue increase of 7% to $9 billion, surpassing analyst expectations of $8.8 billion [3] - The company is increasing production in Vietnam, Thailand, India, Mexico, and the U.S., with nearly all products sold in North America expected to be produced outside of China by the end of June [1] - Lores mentioned that the impact of customers purchasing in advance of tariffs was "quite small" [4] Future Outlook - Lores expressed that the company expects to fully offset trade-related cost increases by the fourth quarter [5]

Financial Performance - HP reported $13.22 billion in revenue for the quarter ended April 2025, a year-over-year increase of 3.3% [1] - The EPS for the same period was $0.71, down from $0.82 a year ago, representing a decline of 13.4% [1] - The reported revenue was a surprise of -1.51% compared to the Zacks Consensus Estimate of $13.42 billion [1] - The EPS surprise was -11.25% against the consensus estimate of $0.80 [1] Key Metrics - Days in accounts payable were 130 days, better than the two-analyst average estimate of 134 days [4] - Days of sales outstanding in accounts receivable were 30 days, slightly above the average estimate of 29 days [4] - Days of supply in inventory were 70 days, compared to the average estimate of 73.5 days [4] Revenue Breakdown - Net revenue from Personal Systems - Commercial PS was $6.79 billion, below the average estimate of $6.99 billion, with a year-over-year change of +8.7% [4] - Net revenue from Personal Systems - Consumer PS was $2.24 billion, slightly above the average estimate of $2.20 billion, representing a +2.5% year-over-year change [4] - Total net revenue from Personal Systems was $9.02 billion, below the average estimate of $9.19 billion, with a +7.1% year-over-year change [4] - Net revenue from Printing - Supplies was $2.73 billion, slightly below the average estimate of $2.75 billion, reflecting a -4.9% year-over-year change [4] - Net revenue from Printing - Commercial Printing was $1.17 billion, below the average estimate of $1.19 billion, with a -3.2% year-over-year change [4] - Net revenue from Printing - Consumer Printing was $289 million, slightly above the average estimate of $287.61 million, representing a -3.3% year-over-year change [4] - Total net revenue from Printing was $4.18 billion, below the average estimate of $4.23 billion, reflecting a -4.3% year-over-year change [4] Operational Earnings - Earnings from operations in Printing were $814 million, exceeding the average estimate of $795.04 million [4] - Earnings from operations in Personal Systems were $409 million, below the average estimate of $532.89 million [4] Stock Performance - HP shares returned +11.1% over the past month, outperforming the Zacks S&P 500 composite's +7.4% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]

Financial Position - As of April 30, 2025, cash and cash equivalents were $2.697 billion, down from $3.238 billion as of October 31, 2024[211] - Total debt increased to $10.737 billion as of April 30, 2025, compared to $9.669 billion as of October 31, 2024[211] Cash Flow Activities - Net cash provided by operating activities decreased by $0.3 billion to $412 million for the six months ended April 30, 2025, primarily due to an unfavorable cash conversion cycle[212] - Net cash used in investing activities increased by $0.9 billion to $1.133 billion for the six months ended April 30, 2025, mainly due to collateral posted for derivative instruments[217] - Net cash provided by financing activities increased by $1.3 billion to $198 million for the six months ended April 30, 2025, primarily due to a $1.0 billion increase in proceeds from debt[218] Shareholder Returns - HP returned $0.7 billion to shareholders in the form of cash dividends of $0.5 billion and share repurchases of $0.2 billion during the six months ended April 30, 2025[219] Operational Efficiency - The cash conversion cycle improved by 12 days to (30) days as of April 30, 2025, compared to (42) days as of October 31, 2024[213] - Days of sales outstanding (DSO) decreased by 3 days to 30 days as of April 30, 2025, reflecting favorable revenue linearity[215] Pension and Restructuring Contributions - The company anticipates making contributions of approximately $15.0 million to non-U.S. pension plans and $17.0 million for U.S. non-qualified pension plan participants for the remainder of fiscal year 2025[227] - Future cash payments of approximately $0.3 billion are expected in fiscal year 2025 as part of the approved restructuring plans[228] Tax Liabilities and Partnerships - As of April 30, 2025, the company has approximately $1.1 billion in recorded liabilities related to uncertain tax positions[229] - The company has not engaged in transactions that create material relationships with unconsolidated entities or financial partnerships for off-balance sheet arrangements[230] - The company utilizes third-party arrangements for cash and liquidity management, providing liquidity to partners for working capital needs[231]

Core Viewpoint - HP reported quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.80 per share, representing an earnings surprise of -11.25% [1][2] Financial Performance - The company posted revenues of $13.22 billion for the quarter ended April 2025, missing the Zacks Consensus Estimate by 1.51%, compared to year-ago revenues of $12.8 billion [2] - Over the last four quarters, HP has not surpassed consensus EPS estimates and has topped consensus revenue estimates just once [2] Stock Performance - HP shares have lost about 13.2% since the beginning of the year, while the S&P 500 has gained 0.7% [3] - The current Zacks Rank for HP is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.82 on revenues of $14.14 billion, and for the current fiscal year, it is $3.44 on revenues of $55.09 billion [7] - The estimate revisions trend for HP is currently unfavorable, which may change following the recent earnings report [6] Industry Context - The Computer - Micro Computers industry, to which HP belongs, is currently in the bottom 29% of the Zacks industry rankings, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact HP's stock performance [5]