Recap: HP Q3 Earnings

Shares of HP HPQ rose 0.27% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 15.52% year over year to $0.49, which beat the estimate of $0.43.

Revenue of $14,294,000,000 declined by 2.12% year over year, which beat the estimate of $13,310,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Aug 27, 2020

Time: 04:30 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/hpq/mediaframe/39900/indexr.html

Technicals

Company's 52-week high was at $23.93

Company's 52-week low was at $12.54

Price action over last quarter: Up 29.05%

Company Overview

HP Inc. is a leading provider of computers, printers, and printer supplies. The company's two operating business segments are its personal systems, containing notebooks, desktops, and workstations and its printing segment which contains supplies, consumer hardware, and commercial hardware. In 2015, Hewlett-Packard was separated into HP Inc. and Hewlett Packard Enterprise. The Palo Alto, California based company sells on a global scale with 63% of fiscal 2017 revenue derived from outside the United States.