RBC Sees Some Positives from HP's (HPQ) Q3 Report, but Thinks More is Needed
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UBS Remains Sidelined on HP, Inc. (HPQ) Following 3Q - PT to $14
August 25, 2016 8:45 AM EDTUBS reiterated a Neutral rating on HP, Inc. (NYSE: HPQ), and raised the price target to $14.00 (from $12.00), following the company's 3Q earnings report.
Analyst Steven Milunovich commented, "We have not been recommending the stock as every quarter it seems like the... More
Mizuho Securities Reiterates Neutral on HP, Inc. (HPQ) Following 3Q Report
August 25, 2016 7:18 AM EDTMizuho Securities reiterated a Neutral rating and $12.00 price target on HP, Inc. (NYSE: HPQ) following the company's 3Q earnings report. HPQ reported revenues of $11.9bn, ahead of estimates of $11.5bn. EPS of $0.48 was above consensus' $0.44 and in-line with the upper-end of outlook.
Analyst... More
Stocks with Implied Volatility Movement
August 25, 2016 4:58 AM EDTHP, Inc. (NYSE: HPQ) implied volatility is above its IV index mean
... MoreHP Inc beats estimates, weak printer demand weighs on forecast
August 24, 2016 4:16 PM EDTBy Aishwarya Venugopal
(Reuters) - HP Inc (NYSE: HPQ), the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks.
However, HP forecast current-quarter profit below analysts' estimates, reflecting weak sales of its printers as companies cut costs across industries.
HP's shares fell nearly 6 percent in extended trading on Wednesday.
Third-quarter revenue from the company's computer business rose 7.5 percent from the second quarter as sales of... More
HP, Inc. (HPQ) Tops Q3 EPS by 4c; Guides Q4 EPS Below Views
August 24, 2016 4:05 PM EDT(Updated - August 24, 2016 4:07 PM EDT)
HP, Inc. (NYSE: HPQ) reported Q3 EPS of $0.48, $0.04 better than the analyst estimate of $0.44. Revenue for the quarter came in at $11.89 billion versus the consensus estimate of $11.47 billion.
On track to reduce cost structure by over $1 billion.
Guidance:
For the fiscal 2016 fourth quarter, HP... More
