Alert: New Earnings Report (11/21/23)-HP Inc (NYSE: HPQ).

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HP Inc (NYSE: HPQ) has reported E.P.S. of $0.98 for its fourth fiscal quarter (ending October 31) versus $-0.02 for the same period a year ago. Relative to the consensus estimate of $0.90, this was a premium of $0.08. For the latest four quarters through October 31, E.P.S. were $3.29 compared to $3.02 a year ago — an increase of 9%.

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Recent Price Action

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HP Inc (NYSE: HPQ) stock declined modestly by -0.4% on 11/21/23. The stock closed at $27.87. The stock has performed in line with the market over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, HPQ is expected to be a major Value Eraser.

HP is currently unrated.

Rating Review

The stock is currently unrated.

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