HP NYSE: HPQ reported stronger second-quarter fiscal 2026 results, with management citing growth in Personal Systems, momentum in AI PCs and disciplined cost mitigation in a challenging component-cost environment.
The headline numbers for HP (HPQ) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
HP (HPQ) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.71 per share a year ago.
HP (HPQ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
HP heads into Q2 earnings results with AI PC demand and gaming products expected to support revenue growth.
Beyond analysts' top-and-bottom-line estimates for HP (HPQ), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2026.
HP Inc (NYSE:HPQ) is expected to report a solid fiscal second quarter later this month, though Bank of America analysts say investors are likely to focus more closely on the company's outlook for fiscal 2026 amid concerns over PC demand, rising memory costs and leadership uncertainty. Bank of America maintained its ‘Underperform' rating and $16 price target on the stock ahead of the report.
HP (HPQ) closed the most recent trading day at $21.67, moving 4.45% from the previous trading session.
HP (HPQ) closed at $21.15 in the latest trading session, marking a +1.54% move from the prior day.
HP (HPQ) closed at $20.14 in the latest trading session, marking a +2.08% move from the prior day.
The latest trading day saw HP (HPQ) settling at $19.59, representing a -1.46% change from its previous close.
HP (HPQ) closed the most recent trading day at $18.99, moving 1.25% from the previous trading session.