HP Inc. (HPQ) to Release Quarterly Earnings on Tuesday
HP Inc. (NYSE:HPQ) is set to announce its earnings results after the market closes on Tuesday, November 21st. Analysts expect the company to announce earnings of $0.44 per share for the quarter. HP has set its Q4 guidance at $0.42-0.45 EPS.
HP (NYSE:HPQ) last released its earnings results on Wednesday, August 23rd. The computer maker reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.01. The firm had revenue of $13.06 billion during the quarter, compared to analysts’ expectations of $12.31 billion. HP had a negative return on equity of 64.93% and a net margin of 4.66%. The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 EPS. On average, analysts expect HP to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
HP Inc. (NYSE HPQ) opened at $21.17 on Tuesday. The stock has a market capitalization of $35,459.49, a PE ratio of 13.52, a price-to-earnings-growth ratio of 3.15 and a beta of 1.85. The company has a debt-to-equity ratio of -1.55, a quick ratio of 0.74 and a current ratio of 0.97. HP Inc. has a 1-year low of $14.40 and a 1-year high of $22.31.
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In other news, CEO Dion J. Weisler sold 95,521 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $19.97, for a total transaction of $1,907,554.37. Following the transaction, the chief executive officer now directly owns 435,018 shares of the company’s stock, valued at $8,687,309.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kim M. Rivera sold 41,761 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $21.28, for a total transaction of $888,674.08. Following the transaction, the insider now directly owns 84,799 shares in the company, valued at $1,804,522.72. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,853,937 shares of company stock worth $37,905,548. Insiders own 0.62% of the company’s stock.
HP Company Profile
HP Inc is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services.
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