HPQ Q4 Earnings Miss: Will Weak Guidance Drag the Stock Down?
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HP Inc. (HPQ) reported Q4 earnings that missed expectations due to rising costs in the Personal Systems segment, though there was some recovery in Printing. The weak guidance may negatively impact the stock.
November 27, 2024 | 4:15 pm
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HP Inc. reported Q4 earnings that missed expectations, primarily due to increased costs in the Personal Systems segment. Although there was a recovery in the Printing segment, the overall weak guidance could negatively impact the stock price.
The earnings miss and weak guidance are likely to negatively impact HPQ's stock price in the short term. Rising costs in the Personal Systems segment are a significant concern, and while the Printing segment shows recovery, it may not be enough to offset the negative sentiment from the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100