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
DG Earnings Preview: What to look for when Dollar General reports Q3 results
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Dollar Tree (DLTR): A few points to note about the discount retailer’s Q3 performance
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
KR Earnings: Key quarterly highlights from Kroger’s Q3 2023 financial results
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales