TeleTrade - Analytics

    TeleTrade

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    25.11.2015 13:25 Company News: HP Inc. (HPQ) Posts Worse-than-Expected Quarterly Results

    HP Inc. reported Q4 earnings of $0.93 per share (versus $1.06 per share in the corresponding period of the previous year), missing analysts' consensus of $0.97.

    The company's revenues amounted to $25.714 bln (-9.5%), missing consensus estimate of $26.718 bln.

    HP Inc. issued downside guidance for Q1 FY 2016, projecting EPS of $0.33-0.38 versus consensus of $0.42. For FY 2016, the company forecasted EPS of $1.59-1.69 versus prior guidance of $1.67-1.77 and analysts' estimate of $1.71.

    HPQ fell to $13.39 (-8.54%) in pre-market trading.


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