HP Inc. (HPQ) reported earnings for fourth quarter that Decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $795 million, or $0.84 per share. This compares with $906 million, or $0.93 per share, last year.
Excluding items, HP Inc. reported adjusted earnings of $877 million or $0.93 per share for the period.
Analysts on average had expected the company to earn $0.92 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.2% to $14.639 billion from $14.055 billion last year.
HP Inc. earnings at a glance (GAAP) :
-Earnings: $795 Mln. vs. $906 Mln. last year.-EPS: $0.84 vs. $0.93 last year.-Revenue: $14.639 Bln vs. $14.055 Bln last year.
-Guidance:Next quarter EPS guidance: $0.73 - $0.81
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.