Why HP Stock Soared and Nearly Hit an All-Time High Today
HP's sales have slumped for a couple of years but finally showed improvement in the most recent quarter. The company's financials are improving, and investors are hoping that AI can stimulate more sales growth.
HP Inc. (HPQ) Bernstein's 40th Annual Strategic Decisions Conference Call (Transcript)
HP Inc. (NYSE:HPQ ) Bernstein's 40th Annual Strategic Decisions Conference Call May 30, 2024 11:00 AM ET Company Participants Enrique Lores - President and Chief Executive Officer Conference Call Participants Toni Sacconaghi - Bernstein Research Toni Sacconaghi We are happy to have HP Inc.'s President and CEO, Enrique Lores, join us today. Just as a reminder, we do have Pigeonhole technology.
2 Tech Stocks Making Outsized Moves Today
Despite the major indexes swimming in red ink today, the shares of C3.ai Inc (NYSE:AI ) and HP Inc (NYSE:HPQ) are skyrocketing, after the two tech companies reported better-than-expected fiscal fourth- and second-quarter results, respectively.
HP Stock Jumps on Solid Earnings, Optimism for AI-Powered PCs
Shares of HP Inc. (HPQ) surged Thursday, a day after it reported solid earnings and signaled that it could continue to be a beneficiary of the artificial intelligence (AI) boom.
HP (HPQ) Gains 4% as Q2 Earnings & Revenues Beat Estimates
HP's (HPQ) Q2 results reflect gains from the recovery of the commercial PC segment and innovative product launches, partially offset by weakness in China and in the overall print business.
HP results hit the mark, shares approach year-to-date high
Computer manufacturer HP Inc (NYSE:HPQ) hit the mark in the second quarter, if today's 5% pre-market share price rally is anything to go by. According to the quarterly report, revenues for the three months ending 30 April were essentially flat at $12.8 billion.
HP Inc. (HPQ) Q2 2024 Earnings Call Transcript
HP Inc. (NYSE:HPQ ) Q2 2024 Earnings Conference Call May 29, 2024 5:00 PM ET Company Participants Orit Keinan-Nahon - Head of Investor Relations Enrique Lores - President and Chief Executive Officer Tim Brown - Interim Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Michael Ng - Goldman Sachs Wamsi Mohan - Bank of America Ananda Baruah - Loop Capital Markets Samik Chatterjee - JPMorgan Toni Sacconaghi - Bernstein Research Michael Cadiz - Citigroup Steven Chin - TD Cowen Operator Good day, everyone, and welcome to the Second Quarter 2024 HP Incorporated Earnings Conference Call. My name is Eric and I'll be your conference moderator for today's call.
Here's What Key Metrics Tell Us About HP (HPQ) Q2 Earnings
The headline numbers for HP (HPQ) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
HP (HPQ) Q2 Earnings and Revenues Surpass Estimates
HP (HPQ) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.80 per share a year ago.
HP reduces rate of sales declines while looking ahead to AI PC boom
HP Inc. sees its business starting to stabilize and is looking ahead to more growth in the market for artificial-intelligence personal computers.
HP (HPQ) Gears Up to Report Q2 Earnings: What's in Store?
HP's (HPQ) second-quarter fiscal 2024 performance is likely to have benefited from disciplined cost management and a better product mix.
HP (HPQ) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the closing of the recent trading day, HP (HPQ) stood at $32.75, denoting a +0.31% change from the preceding trading day.
