Categories AlphaGraphs, Earnings, Technology
HPQ Earnings: All you need to know about HP’s Q3 2024 earnings results
HP Inc. (NYSE: HPQ) reported its third quarter 2024 earnings results today.
Net revenues increased 2.4% year-over-year to $13.5 billion, beating expectations of $13.4 billion.
GAAP net earnings decreased 16% to $640 million and EPS fell 14% to $0.65 compared to last year. Adjusted EPS dropped 3% to $0.83, missing estimates of $0.86.
For the fourth quarter of 2024, HP expects GAAP EPS of $0.74-0.84 and adjusted EPS of $0.89-0.99.
For fiscal year 2024, GAAP EPS is expected to be $2.62-2.72 and adjusted EPS is expected to be $3.35-3.45.
The stock dropped over 2% in aftermarket hours on Wednesday, following the earnings 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
Important takeaways from Coca-Cola’s (KO) Q4 2024 earnings
The Coca-Cola Company (NYSE: KO) has wrapped up fiscal 2024 on an upbeat note, reporting stronger-than-expected results for the final quarter of the year. Encouraged by the growth in sales
Walt Disney (DIS): A look at the performance of the streaming business in 1Q25
Shares of The Walt Disney Company (NYSE: DIS) dropped 1% on Tuesday. The stock has gained 6% over the past three months. The company delivered top and bottom line growth
Coca-Cola Q4 2024 revenue and adj. earnings increase YoY, beat estimates
The Coca-Cola Company (NYSE: KO) reported an increase in revenue and adjusted earnings for the fourth quarter of 2024. The results also exceeded analysts’ estimates. The soft drink giant's adjusted
