Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of HP, Inc. (HPQ) Q2 2022 earnings report
Technology firm HP, Inc. (NYSE: HPE) on Tuesday reported higher earnings and revenues for the second quarter of 2022. The results also surpassed the consensus forecast.
Second-quarter earnings, adjusted for special items, rose to $1.08 per share from $0.93 per share in the corresponding period of last year. Net profit was $1.0 billion or 0.94 per share during the three-month period, compared to $1.2 billion or $0.98 per share in the second quarter of 2021. The bottom line also came in above estimates.
At $16.5 billion, revenues were up 4% in the most recent quarter compared to the same period of last year. Analysts had predicted a slower growth.
Check this space to read management/analysts’ comments on HPE’s Q1 report
Shares of HP have gained around 11% since the beginning of the year. The stock closed Tuesday’s regular session lower but gained during the extended session after the earnings announcement.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Tyson Foods (TSN) Q2 2024 Earnings: Key financials and quarterly highlights
Tyson Foods, Inc. (NYSE: TSN) reported second quarter 2024 earnings results today. Sales dipped slightly to $13.07 billion from $13.1 billion in the same period a year ago. Net income
After mixed Q2, what awaits Apple (AAPL) in the second half?
Apple’s (NASDAQ: AAPL) stock rallied this week after the gadget giant reported stronger-than-expected Q2 results and announced the largest-ever share buyback program. The company is investing heavily in the business,
What to expect when Tyson Foods (TSN) reports Q2 2024 earnings results
Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Friday. The stock has gained 8% over the past three months. The branded foods company is slated to report its
