HP Inc. Results: Analyzing HPQ's Q3 2024 Earnings Performance
Wednesday, 28 August 2024, 20:24
HP Inc. Results Overview
HP Inc. (NYSE: HPQ) reported its third quarter 2024 earnings results today. Net revenues increased 2.4% year-over-year to $13.5 billion. However, 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.
Future Earnings Expectations
For Q4 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 projected at $2.62-2.72, while adjusted EPS is expected to be $3.35-3.45.
- Current Focus on Financial Health
- Stock Price Trends
- Investor Sentiment
(This story will be updated shortly with an infographic)
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.