HP Hits 52-Week Low After CFO's Warning Wipes Out Earnings Win - HP (NYSE:HPQ)
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5 Articles
HP Hits 52-Week Low After CFO's Warning Wipes Out Earnings Win - HP (NYSE:HPQ)
HP Inc. (NYSE:HPQ) stock fell Wednesday after the company reported first-quarter fiscal 2026 results and issued quarterly profit guidance below estimates. Earnings Snapshot The company reported 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 $13.9 billion. Adjusted operating margin contracted 40 bps Y/Y to 6.9% in …
The Executive President of HP, Bruce Broussard, said that the results of the company reflected the strength of the lio portfolio and the implementation of the new market strategy.
The US manufacturer of computers and printers Hewlett-Packard (HP) earned $545 million (€462.8 million) during its first fiscal quarter, ending January 31, a 3.5% decline from what was counted twelve months earlier.
HP Inc. Reports Fiscal 2026 First Quarter Results
HP Inc. and its subsidiaries ("HP") announced fiscal 2026 first quarter net revenue of $14.4 billion, up 6.9% (up 5.2% in constant currency) from the prior-year period. "We are pleased to report a strong first quarter, highlighted by robust growth in Personal Systems, including the continued momentum in AI PCs. Our performance reflects the strength of our portfolio and our disciplined execution of our Future of Work strategy, even as we navigate…
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