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Monday, May 22, 2017

Ho-Hum Earnings Expected For HP

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HP Inc. reports QE April 2017 financial results on May 24




Summary
  • Earnings will be reported this week and are expected to be flat, with a small YoY decrease in earnings per share and a small YoY increase in revenues.
  • A small QoQ uptick is expected for earnings per share, but a significant decline in revenues is projected.
  • HPQ stock reached a multi-year closing high on May 16, but has pulled back over 2% subsequently.


About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.


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