FMP
May 30, 2024 11:41 AM - Davit Kirakosyan
HP (NYSE:HPQ) rose more than 5% in pre-market today after announcing its Q2 earnings, which included higher-than-expected net revenue and an adjusted EPS of 82 cents, slightly above the 81 cents forecasted.
The company reported net revenue of $12.8 billion, a 0.8% decrease from the previous year but surpassing the $12.59 billion estimate. Personal systems revenue increased by 3.1% year-over-year to $8.43 billion, exceeding the expected $8.28 billion. However, printing revenue declined by 7.8% to $4.37 billion, just below the anticipated $4.38 billion.
Looking forward, the company forecasts an EPS between 78 to 92 cents for Q3, compared to the Street estimate of 85 cents. For the full year, the company projects an adjusted EPS of $3.30 to $3.60, slightly revised from the previous forecast of $3.25 to $3.65, compared to the consensus estimate of $3.42.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...