My previous investment thought on HP Inc. (NYSE: HPQ ) (published in September) was a hold rating because the growth outlook seems uncertain (PC demand was not as strong as it should be), and the print segment margin wasI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. ...

Data courtesy of Print my Leg Earnings Announcement November 26, 2024 | Q4 FY24 Forward-looking Statements This presentation contains forward-looking statements based on current expectations and assumptions that involve risks and uncertainties. If the risks or uncertainties ever materialize or the assumptions prove incorrect, they could affect the business and results of operations of HP Inc. and its consolidated subsidiaries ("HP") which may differ materially from those expressed orimplied by such forward- ...

HP Inc HPQ stock traded lower Wednesday after the company reported fiscal fourth-quarter financial results and issued fiscal first-quarter adjusted EPS guidance below estimates.On Tuesday, HP reported revenue of $14.05 billion (versus $13.82 billion a year ago), which beat the analyst consensus estimate of $13.99 billion. The EPS of $0.93 was in line with the analyst consensus estimate.Also Read: Apple Faces Modest Growth As IDC Forecasts Smartphone Market ReboundHP expects first-quarter adjusted EPS of $0. ...

HP Inc. (HPQ) reported fourth-quarter fiscal 2024 non-GAAP earnings of 93 cents per share, which missed the Zacks Consensus Estimate by 1.1%. The figure rose 3.3% year over year.HPQ’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters, missed twice and matched once, the average negative surprise being 0.83%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.HPQ’s revenues increased 1.7% year over year to $14.06 billion but marginally missed the Zacks Consensu ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Financial Data and Key Metrics Changes - Revenue increased by 2% year-over-year for the second consecutive quarter, with non-GAAP EPS growing 3% to $0.93 [11][12][31] - Gross margin remained flat year-over-year at 21.4%, while non-GAAP operating profit was $1.2 billion [32][33] - Free cash flow for the fiscal year was $3.3 billion, with nearly 100% returned to shareholders [23][40] Business Line Data and Key Metrics Changes - Personal Systems revenue grew 2% year-over-year, driven by strong commercial unit sales and market share gains [19][33] - Print revenue increased by 1% year-over-year, with strong performance in supplies and industrial graphics [22][35] - AI PC units accounted for over 15% of shipments in Q4, expected to rise to 25% in FY'25 [20][41] Market Data and Key Metrics Changes - Revenue growth was seen across all regions, with the Americas and EMEA growing 2% and APJ growing 3% in constant currency [32] - The overall PC market is projected to grow mid-single digits in FY'25, with commercial segments expected to grow faster than consumer segments [41][72] Company Strategy and Development Direction - The company is focusing on AI-powered capabilities and software, aiming to transition from a hardware-centric model to an experience-led organization [26][28] - There is a strategic emphasis on capturing profitable growth in premium consumer and gaming segments, alongside a commitment to sustainability [22][28] - The Future Ready strategy aims to enhance operational capabilities and supply chain resilience while driving innovation [24][37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capitalize on new opportunities, particularly in the commercial space, as customer expectations evolve with AI and flexible work [25][30] - The company anticipates a stronger second half in FY'25, driven by normal seasonality and increased AI PC penetration [41][75] Other Important Information - The annual dividend was raised by 5% to $1.16 per share, marking the ninth consecutive annual increase [47] - The company is committed to returning approximately 100% of free cash flow to shareholders, contingent on maintaining a gross leverage ratio under 2x EBITDA [29][46] Q&A Session All Questions and Answers Question: First quarter EPS guidance - Management noted that Q1 EPS is typically lower due to seasonal volume declines and the timing of stock compensation expenses [50][51] Question: Future Ready transformation plan and free cash flow - Management indicated that free cash flow is expected to grow in line with earnings, with continued improvements in working capital [52][53] Question: Print operating margins - Management expects to maintain print operating margins in the upper half of the 16% to 19% range, focusing on profitability and share gains [56][57] Question: Competitive pressures and market share expectations - Management aims to grow share in profitable categories, emphasizing a conservative approach to setting expectations [59][60] Question: AI PC units and implications for ASPs and margins - AI PCs are expected to drive improvements in average selling prices, with a significant impact anticipated in the coming years [62][63] Question: Supply chain positioning amid potential tariffs - Management expressed confidence in their supply chain resilience and ability to adapt to geopolitical changes [64][66] Question: Print market dynamics - Management expects consumer print to decline while contractual office segments may perform better, focusing on profitable growth opportunities [98]

For the quarter ended October 2024, HP (HPQ) reported revenue of $14.06 billion, up 1.7% over the same period last year. EPS came in at $0.93, compared to $0.90 in the year-ago quarter.The reported revenue represents a surprise of -0.36% over the Zacks Consensus Estimate of $14.11 billion. With the consensus EPS estimate being $0.94, the EPS surprise was -1.06%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next mo ...

HP (HPQ) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.06%. A quarter ago, it was expected that this personal computer and printer maker would post earnings of $0.86 per share when it actually produced earnings of $0.83, delivering a surprise of -3.49%.Over the last four quarters ...

Group 1 - The company's shares fell 8% in extended trading after the current-quarter outlook missed analysts' projections, despite better-than-expected fiscal fourth-quarter results [1][4] - Fourth-quarter revenue increased by 1.7% year-over-year to $14.1 billion, exceeding analyst consensus [1] - Net income for the fourth quarter was $900 million, or 93 cents per share, compared to $1 billion, or 97 cents per share, a year ago, and above estimates [1] Group 2 - The Personal Systems division, which includes PCs, generated revenue of $9.6 billion, a 2% increase [2] - The Printing division reported revenue of $4.5 billion, which is 1% higher than the previous year [2] Group 3 - For the current quarter, the company forecasted earnings per share (EPS) of 57 cents to 63 cents, below the analyst consensus of 72 cents [3] - The full-year EPS estimate of $3.06 to $3.36 exceeded expectations [3] Group 4 - The company announced a 5% increase in its quarterly dividend to approximately 29 cents per share [4] - Despite the drop in shares, they were up 30% for the year through Tuesday's close [4]

1501 Page Mill Road Palo Alto, CA 94304 hp.com Editorial contacts HP Inc. Media Relations MediaRelations@hp.com HP Inc. Investor Relations InvestorRelations@hp.com News Release EXHIBIT 99.1 HP Inc. Reports Fiscal 2024 Full Year and Fourth Quarter Results PALO ALTO, Calif. – Nov. 26, 2024 (GLOBE NEWSWIRE) – HP (NYSE: HPQ) • Fiscal 2024 GAAP diluted net earnings per share ("EPS") of $2.81, above the previously provided outlook of $2.62 to $2.72 per share • Fiscal 2024 non-GAAP diluted net EPS of $3.38, within ...