Seeking Clues to HP (HPQ) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Insights - Wall Street analysts expect HP (HPQ) to report quarterly earnings of $0.74 per share, reflecting a year-over-year decline of 8.6% [1] - Revenue is anticipated to be $13.48 billion, which represents a 2.3% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Estimates - Analysts project 'Net revenue- Personal Systems- Commercial PS' to reach $6.47 billion, indicating a year-over-year increase of 7% [4] - The estimate for 'Net revenue- Personal Systems- Consumer PS' is $2.69 billion, suggesting a decline of 2.8% year over year [4] - The total 'Net revenue- Personal Systems' is expected to be $9.16 billion, reflecting a 3.9% increase year over year [4] Printing Revenue Estimates - 'Net revenue- Printing- Supplies' is forecasted to be $2.79 billion, indicating a year-over-year decline of 2.6% [5] - 'Net revenue- Printing- Commercial Printing' is expected to reach $1.19 billion, reflecting a decrease of 2.7% from the previous year [5] - 'Net revenue- Printing- Consumer Printing' is projected at $269.36 million, suggesting a year-over-year decline of 5.5% [5] - Overall, 'Net revenue- Printing' is expected to be $4.25 billion, indicating a 2.8% decrease year over year [6] Operational Metrics - 'Days in accounts payable' is projected to be 125 days, compared to 116 days in the same quarter last year [6] - 'Days of sales outstanding in accounts receivable' is expected to reach 28.50 days, up from 26 days in the same quarter last year [6] - 'Days of supply in inventory' is estimated at 62 days, compared to 61 days in the previous year [7] - 'Earnings from operations- Printing' is expected to be $792.88 million, down from $872 million in the same quarter last year [7] - 'Earnings from operations- Personal Systems' is projected at $512.74 million, compared to $537 million in the previous year [8] Stock Performance - HP shares have increased by 5.8% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [9] - HPQ holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near term [10]