HP(US:HPQ) 智通财经网·2025-05-28 23:31Core 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]