Jefferies Downgrades HP, Inc. (HPQ) to Hold
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HP Inc forecasts adjusted profit largely below estimates
November 22, 2016 4:19 PM EST(Reuters) - HP Inc (NYSE: HPQ), the legacy printer and PC business of the former Hewlett-Packard Co, forecast a current-quarter adjusted profit largely below analysts' estimates amid waning demand for its printers.
The company's shares were down nearly 2.2 percent after the bell.
HP Inc said it expects... More
HP, Inc. (HPQ) Reports In-Line Q4 EPS; Guides Q1 EPS Midpoint Below Consensus
November 22, 2016 4:05 PM EST(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... More
