HP Inc. (HPQ) Tops Q3 EPS by 16c, Offers Q4 Guidance

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Go back to HP Inc. (HPQ) Tops Q3 EPS by 16c, Offers Q4 Guidance

HP (HPQ) Reports Mixed Q3 Results, Morgan Stanley Downgrades to 'Equal-Weight' on Execution Issues and Lower Earnings Quality

August 27, 2021 6:24 AM EDT

Shares of HP.com (NYSE: HPQ) are down about 3% in pre-open Friday after the company reported mixed results for its fiscal third quarter.

HP Inc. (NYSE: HPQ) reported Q3 EPS of $1.00 to beat the analyst estimate of $0.84. Revenue for the quarter came in at $15.29 billion versus the consensus estimate of $15.91 billion.

Strong and sustained demand for our technology drove another quarter of top and bottom-line growth and we more than doubled non-GAAP EPS year over year, said Enrique Lores, HP President and CEO.

We are performing while we are... More