HP (NYSE:HPQ) reported its Q2 earnings results on Tuesday, May 30, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
HP beat estimated earnings by 5.26%, reporting an EPS of $0.8 versus an estimate of $0.76.
Revenue was down $3.58 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.24% drop in the share price the next day.
Here’s a look at HP’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.74 | 0.84 | 1.04 | 1.05 |
| EPS Actual | 0.75 | 0.85 | 1.04 | 1.08 |
| Revenue Estimate | 14.12B | 14.68B | 15.74B | 16.17B |
| Revenue Actual | 13.83B | 14.80B | 14.66B | 16.49B |
To track all earnings releases for HP visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
