HP Stock Falls 4% on Q1 Earnings Miss, Dismal Q2 Profit Guidance
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HP Inc.'s stock fell by 4% following a Q1 earnings miss and disappointing Q2 profit guidance. Despite a recovery in the PC market boosting revenue, higher commodity costs and increased investments impacted profits.
February 28, 2025 | 1:45 pm
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HP Inc. reported a 4% drop in stock price due to a Q1 earnings miss and weak Q2 profit guidance. The PC market recovery helped revenue, but profits were hit by higher costs and strategic investments.
The stock price decline is directly linked to the earnings miss and weak profit guidance, which are critical indicators for investors. The impact of higher costs and strategic investments on profits further exacerbates the negative sentiment.
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