|Bid||20.12 x 1400|
|Ask||20.13 x 4000|
|Day's Range||19.41 - 20.23|
|52 Week Range||18.06 - 27.08|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||7.70|
|Forward Dividend & Yield||0.64 (3.21%)|
|1y Target Est||N/A|
shares traded higher Friday after the personal computing group posted stronger-than-expected second quarter earnings and lifted its full-year profit guidance thanks to a steadying printing supplies division. Group revenues also edged past analysts' forecasts, rising 0.2% from last year to $14 billion as personal systems sales rose 2% to $8.921 billion and operating margins improved to 4.3%. Printing supplies revenues fell 2% to $5.116 billion, but the decline slowed from the previous quarter's slide and operating margins improved to 16.4%.
Our call of the day, from analysts at Piper Jaffray takes a holiday from the trade headlines to make a prediction about Amazon shares. They say get ready for a 65% move higher.
HP's (HPQ) second-quarter fiscal 2019 results benefits from solid sales in Personal Systems business despite component shortage.
The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv. Hibbett Sports HIBB — Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates.
U.S. stock futures rose on Friday and global stocks steadied following a week of bruising losses sparked by worries of a prolonged U.S.-China trade war and increasing signals of a slowing world economy. The Dow closed nearly 300 points lower on Thursday as investors fretted over series of grim readings on manufacturing activity in major global economies and watched oil prices in the U.S. plunge 5.7% in the session. The tech-heavy Nasdaq has declined 2.4% so far this week amid concerns that companies in the technology sector increasingly will be vulnerable should trade tensions between Washington and Beijing escalate throughout the summer.
HP (HPQ) delivered earnings and revenue surprises of 3.92% and -0.20%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
FEATURE (HPQ) (ticker: HPQ) shares are gaining ground in after-hours trading Thursday on better-than-expected financial results for the PC and printer company’s fiscal second quarter ended April 30.
HP Inc (NYSE:HPQ) reported its quarterly earnings results late today, bringing in a profit that came in ahead of what analysts called for, while the company increased its earnings outlook for the full year, playing a role in lifting HPQ stock after hours Thursday.Source: HP The Palo Alto, Calif.-based business said that for its second quarter of the fiscal 2019, it posted adjusted earnings of 53 cents per share, marking a 10.4% gain when compared to the same period a year ago. This figure was stronger than what analysts called for in the Wall Street consensus estimate.On an unadjusted basis, HP Inc's net income did decline to $782 million, or 51 cents per share, from the $1.1 billion, or 64 cents per share it amassed during the same period a year ago. The company's net revenue was flat year-over-year as it came in at $14 billion for the three-month period, yet it topped what Wall Street called for by a slim margin.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"We delivered solid Q2 financial results, with strong non-GAAP EPS growing double-digits and coming in at the high end of our outlook," Dion Weisler, HP's CEO said. "We continue to strike the right balance between driving results today and investing in innovation to deliver long term financial performance."HPQ stock is surging roughly 3% after the bell on Thursday following the company's strong quarterly earnings showing. Shares were unmoved during regular trading. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post HP Inc Earnings: HPQ Stock Is Up as Q2 Earnings Top Expectations appeared first on InvestorPlace.
were rising Thursday after the close after the company beat earnings and revenue estimates. Earnings per share for the company's second quarter of 2019 came in at an adjusted 53 cents, beating Wall Street's estimates of 51 cents, and falling 20% year-over-year. Personal Systems Group revenues, the company's largest segment, came in at $8.92 billion, short of estimates of $8.98 billion.
On a per-share basis, the Palo Alto, California-based company said it had net income of 51 cents. Earnings, adjusted for one-time gains and costs, were 53 cents per share. The results topped Wall Street ...
HP Inc. shares rose 3.6% in the extended session Thursday after the computer maker met earnings expectations and brought in more revenue than the consensus estimates. The company reported fiscal second-quarter net income of $782 million, or 51 cents a share, compared with $1.06 billion, or 64 cents a share, in the year-ago period. Adjusted for items such as acquisition-related charges and tax adjustments, among other things, earnings were 53 cents a share. Revenue rose 0.2% to $14 billion. Analysts surveyed by FactSet had estimated adjusted earnings of 51 cents a share on revenue of $13.95 billion. For the fiscal third quarter, analysts model adjusted earnings of 55 cents a share and sales of $14.68 billion. The company said it expects adjusted fiscal third-quarter earnings of 53 cents to 56 cents a share and full-year adjusted earnings of $2.04 to $2.11 a share. HP stock has fallen 12% in the past year, with the S&P 500 index rising 4.5%.
Profit excluding some items will be 53 cents a share to 56 cents in the fiscal third quarter, the Palo Alto, California-based company said Thursday in a statement. Analysts, on average, estimated 55 cents, according to data compiled by Bloomberg. The company also raised its fiscal 2019 profit forecast to $2.14 to $2.21 per share, from $2.12 to $2.22.
Hewlett Packard Enterprises and HP Inc. are both reporting earnings Thursday after the close. Let's look at how to trade them whether they rise or fall post earnings.
In order to reap benefits of the thriving dental 3D printing market, HP (HPQ) stretches its alliance with SmileDirectClub to develop 3D-printed teeth molds.
With HPE set to report its quarterly financial results on Thursday, let's see if investors should consider buying HP Enterprise stock.
is expected to report quarterly earnings of 51 cents a share on sales of $13.9 billion after the market closes on Thursday, based on a FactSet survey of 13 analysts. Jim Cramer and the Action Alerts Plus team are watching the Technology Hardware Storage & Peripherals sector. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
HP's (HPQ) second-quarter fiscal 2019 results might be weighed on due to weak personal systems as well as printing businesses.
HPE announced it was buying Cray for $1.3 billion, giving it access to the company's high performance computing portfolio, and perhaps a foothold into quantum computing in the future. Cray was founded in the 1970s and for a time represented the cutting edge of super computing in the United States, but times have changed, and as the market has shifted, a deal like this makes sense. Ray Wang, founder and principal analyst at Constellation Research says this is about consolidation at the high end of the market.
HP's (HPQ) latest launches and enhancements demonstrate its efforts to create a well-engineered gaming ecosystem, which covers everything a gamer needs.
HP (HPQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.