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HP Faces Margin Pressure But Analysts See AI PCs Driving Growth In 2025
HPQHP(HPQ) Benzinga·2024-11-27 18:34

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 14.05billion(versus14.05 billion (versus 13.82 billion a year ago), which beat the analyst consensus estimate of 13.99billion.TheEPSof13.99 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. ...