Categories AlphaGraphs, Earnings, Technology
HP Earnings: All you need to know about HP Inc.’s Q1 2024 earnings results
HP Inc. (NYSE: HPQ) reported first quarter 2024 earnings results today.
Net revenue of $13.2 billion was down 4.4% from the same period a year ago.
GAAP net earnings were $622 million, or $0.62 per share, compared to $469 million, or $0.47 per share, last year. Adjusted EPS increased 11% to $0.81.
Revenue missed expectations while earnings came in line with estimates.
For the second quarter of 2024, HP expects GAAP EPS of $0.58-0.68 and adjusted EPS of $0.76-0.86. For fiscal year 2024, GAAP EPS is expected to be $2.61-3.01 and adjusted EPS is expected to be $3.25-3.65.
The stock fell over 3% in aftermarket hours on Wednesday, following the announcement.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
