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HP: Fiscal Q4 Earnings Snapshot
By AP News - Nov 26, 2024, 04:35 PM ET
Last Updated - Dec 16, 2024, 05:11 PM EST
PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — HP Inc. (HPQ) on Tuesday reported fiscal fourth-quarter earnings of $906 million.
On a per-share basis, the Palo Alto, California-based company said it had net income of 93 cents.
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The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.
The personal computer and printer maker posted revenue of $14.06 billion in the period.
For the year, the company reported profit of $2.78 billion, or $2.81 per share. Revenue was reported as $53.56 billion.
For the current quarter ending in January, HP expects its per-share earnings to range from 70 cents to 76 cents.
The company expects full-year earnings in the range of $3.45 to $3.75 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HPQ at https://www.zacks.com/ap/HPQ
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