Insights into HP's Upcoming Earnings

HP HPQ is gearing up to announce its quarterly earnings on Tuesday, 2024-11-26. Here's a quick overview of what investors should know before the release.

Analysts are estimating that HP will report an earnings per share (EPS) of $0.93.

Anticipation surrounds HP's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

During the last quarter, the company reported an EPS missed by $0.03, leading to a 2.01% increase in the share price on the subsequent day.

Here's a look at HP's past performance and the resulting price change:

Market Performance of HP's Stock

Shares of HP were trading at $38.13 as of November 22. Over the last 52-week period, shares are up 33.14%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for HP visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.