Categories AlphaGraphs, Earnings, Technology

HP Inc revenue down 1%, beats estimates

HP Inc (NYSE: HPQ) reported fourth-quarter 2020 financial results after the regular trading hours on Tuesday. The hardware firm reported Q4 revenue of $15.3 billion, down 1% year-over-year, but higher than the Wall Street projection. Meanwhile, net earnings of $0.62 per share was much better than what analysts had anticipated.

HPQ shares rose 5.7% immediately following the announcement. The stock has gained 5% since the beginning of this year.

HP Inc Q4 2020 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for HP Inc Q4 2020 earnings call transcript

“The strength of our innovation with the rigor of our execution drove sequential growth in revenue, operating profit, non-GAAP EPS and cash flow,” CEO Enrique Lores said in a statement.

Prior performance

Most Popular

LMT Earnings: Key numbers from Lockheed Martin Q1 2021 financial results

Lockheed Martin Corp. (NYSE: LMT) today reported its first quarter financial results for the period ended March 28, 2021. Net income for the first quarter was $1.8 billion, or $6.56

Infographic: Philip Morris (PM) Q1 results top expectations

Tobacco giant Philip Morris International (NYSE: PM) on Tuesday reported first-quarter earnings and revenues that beat analysts' forecast. First-quarter earnings, adjusted for special items, rose to $1.57 per share from

Abbott Laboratories (ABT) Earnings: 1Q21 Key Numbers

Abbott Laboratories (NYSE: ABT) reported first quarter 2021 earnings results today. Sales increased 35.3% year-over-year to $10.5 billion. On an organic basis, sales growth was 32.9%. On a GAAP basis,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top