- HP ( NYSE: HPQ ) is scheduled to announce Q1 earnings results on Tuesday, February 28th, after market close.
- The consensus EPS Estimate is $0.75 and the consensus Revenue Estimate is $14.17B.
- Over the last 2 years, HPQ has beaten EPS estimates 75% of the time and has beaten revenue estimates 50% of the time.
- Over the last 3 months, EPS estimates have seen 2 upward revisions and 4 downward. Revenue estimates have seen 1 upward revision and 4 downward.
- The company on Nov. 11 posted Q4 Non-GAAP EPS of $0.85, beating consensus by just a cent, and revenue of $14.8B was ahead of expectations by at least $120M.
- HPQ has a Quant rating of HOLD, with a 3.12 rating score.
- HPQ has an industry ranking of 17 out of 23 in the technology, hardware store and peripherals sector, as per SA's Quant ranking, one spot behind Dell.
- Wall Street analysts rate HPQ stock HOLD, while a majority of Seeking Alpha authors rate it BUY .
- On January 11, Citi said in a research note that preliminary data from the PC space in fourth-quarter was "worse than expected," sending HPQ shares down nearly 2%.
- Recent analysis from our contributors: HP Will Become A Utility, And That's Fine by TEL Investment Research.
- HP Inc.: Little Reason For Optimism by Geoff Considine.
- Ink-Vestment Worthy: HP Is Not For The Faint Of Heart by EBITs And Pieces.
- HPQ stock fell over 26% in 2022, while the benchmark S&P 500 index slipped nearly 20% .
For further details see:
HP Inc Q1 earnings on deck, what to expect