For the quarter ended October 2024, HP (HPQ) reported income of $14.06 billion, up 1.7% over the identical interval final yr. EPS got here in at $0.93, in comparison with $0.90 within the year-ago quarter.
The reported income represents a shock of -0.36% over the Zacks Consensus Estimate of $14.11 billion. With the consensus EPS estimate being $0.94, the EPS shock was -1.06%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s worth efficiency extra precisely.
Right here is how HP carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Days in accounts payable: 138 Days versus the two-analyst common estimate of 124.24 Days.
- Internet revenue- Private Techniques- Business PS: $6.52 billion in comparison with the $6.71 billion common estimate primarily based on two analysts. The reported quantity represents a change of +5% yr over yr.
- Internet revenue- Private Techniques- Client PS: $3.07 billion in comparison with the $3 billion common estimate primarily based on two analysts. The reported quantity represents a change of -3.6% yr over yr.
- Internet revenue- Private Techniques: $9.59 billion in comparison with the $9.71 billion common estimate primarily based on two analysts. The reported quantity represents a change of +2.1% yr over yr.
- Internet revenue- Printing- Provides: $2.87 billion in comparison with the $2.73 billion common estimate primarily based on two analysts. The reported quantity represents a change of +1.6% yr over yr.
- Internet revenue- Printing- Business Printing: $1.26 billion in comparison with the $1.21 billion common estimate primarily based on two analysts. The reported quantity represents a change of +18.6% yr over yr.
- Internet revenue- Printing- Client Printing: $325 million in comparison with the $299.84 million common estimate primarily based on two analysts. The reported quantity represents a change of -39% yr over yr.
- Internet revenue- Printing: $4.45 billion versus $4.25 billion estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +0.8% change.
- Earnings from operations- Printing: $874 million versus $769.47 million estimated by two analysts on common.
- Earnings from operations- Private Techniques: $550 million in comparison with the $638.32 million common estimate primarily based on two analysts.
View all Key Company Metrics for HP here>>>
Shares of HP have returned +5% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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HP Inc. (HPQ) : Free Stock Analysis Report
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