HP, Inc. (HPQ) Reports In-Line Q4 EPS; Guides Q1 EPS Midpoint Below Consensus
Get Alerts HPQ Hot Sheet
Revenue Growth %: -2.4%
Financial Fact:
Total operating expenses: 10.78B
Today's EPS Names:
SFST, VLTO, CLIR, More
Join SI Premium – FREE
(Updated - November 22, 2016 4:13 PM EST)
HP, Inc. (NYSE: HPQ) reported Q4 EPS of $0.36, in-line with the analyst estimate of $0.36. Revenue for the quarter came in at $12.5 billion versus the consensus estimate of $11.88 billion.
Outlook
For the fiscal 2017 first quarter, HP estimates GAAP diluted net EPS from continuing operations to be in the range of $0.33 to $0.36 and non-GAAP diluted net EPS to be in the range of $0.35 to $0.38. Fiscal 2017 first quarter non-GAAP diluted net EPS estimates exclude $0.02 per diluted share, primarily related to items such as restructuring and other charges, defined benefit plan settlement charges/(credits), non-operating retirement-related charges/(credits), net tax indemnification amounts, net valuation allowances and separation taxes and adjustments, acquisition and other related charges and amortization of intangible assets.
*** NOTE: The Street sees Q1 revenue of $11.6 billion and EPS of $0.38.
For fiscal 2017, HP estimates GAAP diluted net EPS from continuing operations to be in the range of $1.47 to $1.57 and non-GAAP diluted net EPS to be in the range of $1.55 to $1.65. Fiscal 2017 non-GAAP diluted net EPS estimates exclude $0.08 per diluted share, primarily related to items such as restructuring and other charges, defined benefit plan settlement charges/(credits), non-operating retirement-related charges/(credits), net tax indemnification amounts, net valuation allowances and separation taxes and adjustments, acquisition and other related charges and amortization of intangible assets.
*** NOTE: The Street sees FY17 revenue of $45.94 billion and EPS of $1.60.
For earnings history and earnings-related data on HP, Inc. (HPQ) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
- Option Care Health (OPCH) Tops Q1 EPS by 3c, provides guidance
- Sherwin-Williams (SHW) Misses Q1 EPS by 5c, provides guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot Guidance, Trader TalkRelated Entities
Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!