HPQ shares fell by 7% after the Q1 FY 2025 results because the Q2 EPS guidance was lower than expected, along with flat revenue and EPS growth forecasts. The management's Q2 EPS estimate of $0.75–$0.85 did not meet market expectations, leading to worries about HP's growth potential in a challenging market. Even with cost-saving measures in place, investors should be aware that rising component costs and the threat of U.S. tariffs on Chinese imports may further squeeze profit margins.
Look into how HP's (HPQ) income from global markets is shifting and how this affects Wall Street's forecasts and the future of the stock.
The U.S. car industry is preparing for the effects of a trade war, while Dell and HP have shared mixed results in their reports. Here are some more updates to kick off your day.
The recovery in the PC market helped HPQ's revenue in the first quarter, but rising commodity prices and more spending on strategic projects affected their profits.
HP Inc. (NYSE:HPQ) will hold its Q1 2025 Earnings Conference Call on February 27, 2025, at 5:30 PM ET. The call will feature company representatives, including Orit Keinan-Nahon, Enrique Lores, and Karen Parkhill, as well as participants from various financial institutions. Regina will be the moderator for the conference call.
HP (HPQ) reported quarterly earnings of $0.74 per share, which is lower than the Zacks Consensus Estimate of $0.75 per share. This is a decrease compared to earnings of $0.81 per share from the same period last year.
HP (HPQ) announced its sales for the first quarter of the fiscal year, which were higher than what analysts expected. However, its weak forecast for the future was disappointing.
On Thursday, HP Inc exceeded Wall Street's expectations for its first-quarter revenue, thanks to strong performance in its personal systems division and an increasing demand for systems that can support artificial intelligence.
PALO ALTO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) reported a first quarter GAAP diluted net earnings per share (EPS) of $0.59, which is in line with their earlier forecast of $0.57 to $0.63. The company's net revenue for the first quarter reached $13.5 billion, showing a 2.4% increase compared to the same period last year. Additionally, HP returned $0.4 billion to shareholders through share repurchases and dividends.
HP's shares are currently priced at $34.6, which many believe is too low given its strong cash flow, active stock buybacks, and a good dividend yield of 3.22%. The company has a profitable printing division and is investing in AI, including a $116 million purchase of Humane's AI technology, but it faces challenges like keeping up with rapid tech changes, supply chain problems, economic slowdowns, and tough competition in the PC and printer markets.