HPQ Search Earning

HP Inc

HPQ

HP Inc. decreased 2.3% to $27.21 after the personal computing and equipment company reported quarterly results.

Revenue in the fiscal fourth quarter decreased 5% to $13.8 from $14.8 billion, the company swung to a net income of $974 million from a loss of $23 million, and diluted earnings per share of 97 cents from a loss of 2 cents a year ago.

Personal Systems net revenue fell 8% to $9.4 billion on the ongoing weakness in consumer and enterprise demand, and Printing net revenue fell 3% to $4.4 billion.

HP estimated fiscal first quarter 2024 diluted earnings per share between 60 cents and 70 cents and non-GAAP diluted earnings per share in the range between 76 cents and 86 cents.

The company estimated 2024 diluted earnings per share in the range between $2.68 and $3.08 and non-GAAP diluted earnings per share $3.25 and $3.65.

HP generated $1.9 billion of free cash flow in the fourth quarter, which included net cash provided by operating activities of $2 billion adjusted for net investments in leases of $28 million and net investments in property, plant and equipment of $134 million.

HP’s dividend payment of $0.2625 per share in the fourth quarter resulted in cash usage of $0.3 billion. HP returned 14% of its fourth quarter free cash flow to shareholders.
Nov 22, 2023

HP Inc decreased .2% to $26.77 after Berkshire Hathaway sold 4.8 million shares held by the conglomerate for approximately for $130 million.
Sep 25, 2023

HP Inc declined 4.6% to $29.50 after the computer and advanced systems maker reported weaker than expected results.

Revenue in the fiscal second quarter ending in April dropped 21.7% to $12.9 billion from $16.5 billion and net income increased 7% to $1.07 billion from $1.0 billion and diluted earnings per share rose to $1.07 from 94 cents a year ago.

For the fiscal third quarter, the company estimated diluted earnings per share between 61 cents and 71 cents and for the fiscal year 2023 between $2.91 and $3.11.
May 31, 2023

Year	Jan	Apr	Jul	Oct	Annual

2023	0.49	1.07	0.76	0.94	-
2022	0.99	0.94	1.08	0.04	2.98
2021	0.83	0.98	0.92	2.6	5.36
2020	0.46	0.53	0.52	0.49	1.98
2019	0.51	0.51	0.78	0.26	2.07
2018	1.16	0.64	0.54	0.92	3.26
2017	0.38	0.40	0.43	0.44	1.65
2016	0.36	0.41	0.48	0.36	1.61
2015	0.92	0.87	0.88	0.93	3.6
2014	0.74	0.66	0.52	0.70	2.62
2013	0.63	0.55	0.71	0.73	2.62
2012	0.73	0.80	-4.49	-3.45	-6.41
2011	1.17	1.05	0.93	0.17	3.32
2010	0.93	0.91	0.75	1.10	3.69
2009	0.75	0.71	0.69	0.99	3.14
2008	0.80	0.80	0.80	0.85	3.25
2007	0.55	0.65	0.66	0.82	2.68
2006	0.42	0.66	0.48	0.62	2.18
2005	0.32	0.33	0.03	0.14	0.82