HP Q4 EPS $0.90 Up From $0.85 YoY, Sales $13.82B Down From $14.80B YoY
Portfolio Pulse from Benzinga Newsdesk
HP Inc. (HPQ) reported a Q4 EPS of $0.90, a 5.88% increase from $0.85 YoY. However, sales decreased by 6.65% to $13.82B from $14.80B YoY.
November 21, 2023 | 9:16 pm
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HP Inc. reported higher Q4 earnings per share at $0.90, up from $0.85 YoY, but lower sales of $13.82B compared to $14.80B YoY.
The increase in EPS is a positive sign of profitability and may be viewed favorably by investors. However, the decline in sales indicates potential challenges in revenue generation, which could offset the positive EPS performance. The mixed results lead to a neutral score, as the market may react positively to the earnings increase but be concerned about the sales decrease.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100