Recap: HP Q4 Earnings

Shares of HP HPQ moved higher by 5.06% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 3.33% year over year to $0.62, which beat the estimate of $0.52.

Revenue of $15,258,000,000 declined by 0.97% from the same period last year, which beat the estimate of $14,720,000,000.

Outlook

HP Sees Q1 Adj. EPS $0.64-$0.70 vs $0.53 Estimate

Details Of The Call

Date: Nov 24, 2020

Time: 04:30 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/hpq/mediaframe/41809/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 20.40%

Company Profile

HP Inc. is a leading provider of computers, printers, and printer supplies. The company's three operating business segments are its personal systems, containing notebooks, desktops, and workstations; and its printing segment which contains supplies, consumer hardware, and commercial hardware; and corporate investments. In 2015, Hewlett-Packard was separated into HP Inc. and Hewlett Packard Enterprise and the Palo Alto, California-based company sells on a global scale.