HP, Inc. (HPQ) Reports In-Line Q4 EPS, Offers Guidance

HP, Inc. (NYSE: HPQ) reported Q4 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $13.9 billion versus the consensus estimate of $13.35 billion.

GUIDANCE:

HP, Inc. sees Q1 2018 EPS of $0.40-$0.43, versus the consensus of $0.42.

For the fiscal 2018 first quarter, HP estimates GAAP diluted net EPS from continuing operations to be in the range of $0.38 to $0.42 and non-GAAP diluted net EPS to be in the range of $0.40 to $0.43. Fiscal 2018 first quarter non-GAAP diluted net EPS estimates exclude $0.01 to $0.02 per diluted share, primarily related to restructuring and other charges, acquisition-related charges, defined benefit plan settlement charges, amortization of intangible assets, non-operating retirement-related credits/(charges), net tax indemnifications, net valuation allowances and discontinued operations.

For fiscal 2018, HP raises estimates for GAAP diluted net EPS from continuing operations to be in the range of $1.70 to $1.80 and non-GAAP diluted net EPS to be in the range of $1.75 to $1.85. Fiscal 2018 non-GAAP diluted net EPS estimates exclude $0.05 per diluted share, primarily related to restructuring and other charges, acquisition-related charges, defined benefit plan settlement charges, amortization of intangible assets, non-operating retirement-related credits/(charges), net tax indemnifications, net valuation allowances and discontinued operations.

For earnings history and earnings-related data on HP, Inc. (HPQ) click here.

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