HP shares are trading lower after the company issued FY23 adjusted EPS guidance below estimates.
Portfolio Pulse from Bill Haddad
HP has issued its FY23 adjusted EPS guidance below estimates, leading to a decrease in its share price.
August 30, 2023 | 10:43 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
HP's lower than expected FY23 adjusted EPS guidance has negatively impacted its stock price.
HP's FY23 adjusted EPS guidance is a key indicator of the company's future profitability. The lower than expected guidance suggests that the company may not perform as well as investors had hoped, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100