2023-05-26 17:35:07 ET
- HP ( NYSE: HPQ ) is scheduled to announce Q2 earnings results on Tuesday, May 30th, after market close.
- The consensus EPS estimate is $0.76 and the consensus revenue estimate is $13.05 billion.
- Over the last 2 years, HPQ has beaten EPS estimates 75% of the time and has beaten revenue estimates 38% of the time.
- Over the last 3 months, EPS estimates have seen 6 upward revisions and 5 downward. Revenue estimates have seen 0 upward revisions and 11 downward.
- The company on Feb. 28 reported Q1 Non-GAAP EPS of $0.75 which was in line. Revenue of $13.83 billion was down 18.8% from last year and fell short of expectations by $340 million.
- HPQ has a Quant rating of "Hold", with a 3.24 rating score.
- HPQ has an industry ranking of 12 out of 31 among tech hardware, storage and peripherals stocks, as per SA's Quant ranking, two spots behind HPE.
- Wall Street analysts and Seeking Alpha authors rate the HPQ stock "Hold".
- Recent Analysis: HP Inc.: A Good Buy Once The Sentiment Improves by Gytis Zizys.
- HP: An Ultra Cheap Dividend Printer by Brett Ashcroft Green.
- Recent News: HP, Dell rise as Morgan Stanley upgrades; firm starts to get more positive on PCs .
- HP declares $0.2625 dividend .
- HPQ stock fell 27.1% in 2022, while the benchmark S&P 500 index slipped nearly 20% for the year.
- Stock is up 16.6% so far this year as of Thursday's close.
For further details see:
HP Q2 2023 earnings on deck, what to expect