HP Q2 Adj EPS $0.82 Beats $0.81 Estimate, Sales $12.80B Beat $12.60B Estimate
Portfolio Pulse from Benzinga Newsdesk
HP (NYSE:HPQ) reported Q2 earnings of $0.82 per share, beating the analyst estimate of $0.81. Sales were $12.80 billion, also surpassing the $12.60 billion estimate. Despite the beats, sales were down 0.88% year-over-year.
May 29, 2024 | 8:16 pm
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HP reported Q2 earnings of $0.82 per share, beating the $0.81 estimate. Sales were $12.80 billion, surpassing the $12.60 billion estimate. However, sales decreased by 0.88% year-over-year.
HP's Q2 earnings and sales both beat analyst estimates, which is generally positive for the stock. However, the slight year-over-year decline in sales may temper some of the enthusiasm.
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IMPORTANCE 80
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