HP Inc. (HPQ) Tops Q4 EPS by 10c, Q1 Guidance Beats

HP Inc. (NYSE: HPQ) reported Q4 EPS of $0.62, $0.10 better than the analyst estimate of $0.52. Revenue for the quarter came in at $15.3 billion versus the consensus estimate of $14.72 billion.

GUIDANCE:

HP Inc. sees Q1 2021 EPS of $0.64-$0.70, versus the consensus of $0.53.

• For the fiscal 2021 first quarter, HP estimates GAAP diluted net EPS to be in the range of $0.58 to $0.64 and non-GAAP diluted net EPS to be in the range of $0.64 to $0.70. Fiscal 2021 first quarter non-GAAP diluted net EPS estimates exclude $0.06 per diluted share, primarily related to restructuring and other charges, acquisition-related charges, defined benefit plan settlement charges, amortization of intangible assets, non-operating retirement-related (credits)/charges, tax adjustments and the related tax impact on these items.

For earnings history and earnings-related data on HP Inc. (HPQ) click here.

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