Key Takeaways DELL's AI strength, Windows 11 upgrades, and new devices boosted first-quarter commercial revenues by 9%. HPQ's China manufacturing exposure poses a risk if U.S.-China tariffs escalate, impacting margins.Dell Technologies (DELL) and HP (HPQ) are major players in the personal computer (PC) market, offering a wide range of laptops, desktops, and other technology products. While DELL offers a broader enterprise portfolio, including servers, storage, PCs and strong AI infrastructure momentum, HPQ ...

HP (HPQ) Q2 2025 Earnings Call May 28, 2025 05:00 PM ET Company Participants Orit Keinan-Nahon - Global Head-Investor RelationsEnrique Lores - CEO, President & DirectorKaren Parkhill - Chief Financial OfficerErik Woodring - Managing Director - Equity ResearchMichael Ng - Managing Director - Global Investment ResearchAsiya Merchant - Technology Equity ResearchSamik Chatterjee - Managing Director Conference Call Participants Wamsi Mohan - Senior Equity Research Analyst Operator Good day, everyone, and welcome ...

Q2 FY25 Earnings Announcement May 28, 2025 Forward-looking Statements This presentation contains forward-looking statements based on current expectations and assumptions that involve risks and uncertainties. If the risks or uncertainties ever materialize or the assumptions prove incorrect, they could affect the business and results of operations of HP Inc. and its consolidated subsidiaries ("HP") which may differ materially from those expressed orimplied by such forward-looking statements and assumptions. A ...

Core Viewpoint - HP Inc. is expected to report its second-quarter fiscal 2025 results on May 28, with revenue estimates indicating a 4.3% year-over-year improvement to $13.36 billion, while non-GAAP earnings per share are projected to decline by 2.4% to 80 cents [1][2]. Group 1: Revenue and Earnings Estimates - The Zacks Consensus Estimate for HP's revenues is $13.36 billion, reflecting a 4.3% increase from the prior-year quarter [1]. - Non-GAAP earnings per share are expected to be between 75 cents and 85 cents, with a midpoint of 80 cents, indicating a 2.4% decline from the previous year's EPS of 82 cents [2]. Group 2: Performance Drivers - The Personal Systems segment is anticipated to drive overall performance, with sales estimated at $9.19 billion, representing a 9% year-over-year growth [4]. - The introduction of AI-based computing devices is likely to enhance consumer traction and contribute to top-line growth [5]. - Increased adoption of gaming products, including various gaming laptops and accessories, is expected to positively impact sales [6]. Group 3: Challenges and Market Conditions - Macroeconomic factors such as high interest rates and inflation are likely to negatively affect demand for consumer PCs, with enterprises delaying IT spending due to economic uncertainties [7]. - The Printing division is projected to face challenges from reduced consumer demand in China and competitive pricing, with sales expected to decline by 3% to $4.24 billion [8]. Group 4: Earnings Prediction Insights - Current analysis suggests that HPQ may not achieve an earnings beat, as it holds a Zacks Rank of 3 and an Earnings ESP of -1.25% [9].