HP Inc. (NYSE:HPQ) is reporting third quarter financial results on Thursday 27th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, HPQ is expected to report 3Q20 income of $ 0.43 per share from revenue of $ 13308.50 million.
For the full year, analysts anticipate top line of $ 54309.20 million, while looking forward to income of $ 2.10 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.33 ~ $ 2.43 per share
Click Here For More Historical Outlooks Of HP Inc.
Previous Quarter Performance
HP Inc. unfold income for the second quarter of $ 0.51 per share, from the revenue of $ 12,469.00 million. The quarterly earnings declined 3.77 percent compared with the same quarter last year. Wall street analysts are predicting, HPQ to report 2Q20 income of $ 0.45 per share from revenue of $ 12852.70 million. The bottom line results beat street analysts by $ 0.06 or 13.33 percent, at the same time, top line results fell short of analysts by $ 383.7 million or 2.99 percent.
Stock Performance
Shares of HP Inc. traded low $ -0.11 or -0.60 percent on Wednesday, reaching $ 18.33 with volume of 10.06 million shares. HP Inc. has traded high as $ 18.58 and has cracked $ 18.30 on the downward trend
The closing price of $ 18.33, representing a 47.05 % increase from the 52 week low of $ 12.54 and a 22.94 % decrease over the 52 week high of $ 23.93.
The company has a market capital of $ 26.21 billion and is part of the Technology sector and Computer Systems industry.
Conference Call
HP Inc. will be hosting a conference call at 4:30 PM eastern time on 27th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/hpq/mediaframe/39900/indexr.html
HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments.
