HP's Margin Squeeze Deepens As Memory Costs Surge - HP (NYSE:HPQ)

HP Inc. (NYSE:HPQ) shares traded little changed Wednesday after the company posted a quarterly profit beat and stronger-than-expected sales.Investors also weighed management’s cautious tone on the year ahead as component costs and margin pressures remain in focus.Earnings SnapshotOn Tuesday, the company reported first-quarter adjusted EPS of 81 cents, which beat the analyst consensus estimate of 77 cents.Sales rose 6.9% year over year (Y/Y) to $14.4 billion, surpassing the analyst consensus estimate of $13. ...