HP Projects Q3 Adjusted EPS Between $0.61 and $0.71
HPQ sits 46% above its 52-week low of $17.56.
Summary
HP Inc. has issued its adjusted earnings per share guidance for the third quarter, forecasting a range of $0.61 to $0.71. This forward-looking financial outlook is critical for investors and analysts to update their models and assess the company's near-term profitability. The market will react to how this guidance compares against consensus estimates, which are not provided in the headline.
At the time of this announcement, HPQ was trading at $25.62 on NYSE in the Technology sector, with a market capitalization of approximately $23.3B. The 52-week trading range was $17.56 to $29.55. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.