Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
HP (HPQ)
NYSE:HPQ
Holding HPQ?
Track your performance easily
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.74Last Year’s EPS
$0.81Same Quarter Last Year
Based on 11 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 26, 2024
|% Change Since: -13.77%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted HP's revenue growth and leadership in AI PCs, along with successful cost-saving initiatives and strong free cash flow, indicating a positive outlook. However, challenges remain with commodity costs and market declines in print, particularly in China.Company Guidance
During the HPQ Q4 2024 earnings call, the company provided guidance for fiscal year 2025, indicating expectations for the PC market to grow mid-single digits, particularly driven by commercial segments, while the print market is anticipated to decline in low single digits. HP expects to outperform or match these market trends, with Personal Systems revenue projected to expand at least in line with the market, and Print revenue to perform similarly. The company anticipates AI PC penetration to increase to approximately 25% of shipments, enhancing ASPs and contributing positively to financial results. HP forecasts non-GAAP diluted EPS to range between $3.45 and $3.75 and free cash flow to be between $3.2 billion and $3.6 billion, with stronger performance in the second half of the fiscal year. HP also reiterated its commitment to returning nearly 100% of free cash flow to shareholders, provided the gross leverage ratio remains below 2x EBITDA.Revenue Growth
For the second consecutive quarter, revenue was up 2% year-over-year. Both Personal Systems and Print demonstrated steady progress.
Non-GAAP EPS Growth
Non-GAAP EPS grew 3% to $0.93, in line with the outlook.
AI PC Leadership
HP has the #1 market share of AI PC in the Windows ecosystem, with AI PC units making up more than 15% of shipments this quarter.
Print Revenue Increase
Print revenue grew 1% year-over-year, driven by strong performance in supplies and industrial graphics.
Successful Cost Savings
HP's future-ready structural cost-saving plans have achieved roughly 80% of the total program goal of $1.6 billion of annualized gross run rate savings.
Dividend Increase
HP announced a 5% increase in its annual dividend to $1.16 per share.
Strong Free Cash Flow
HP generated strong free cash flow of $3.3 billion for the fiscal year, in line with the annual guidance.
---
HPQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HPQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 26, 2024 | $38.78 | $34.37 | -11.37% |
| Aug 28, 2024 | $34.19 | $34.88 | +2.02% |
| May 29, 2024 | $32.02 | $37.44 | +16.93% |
| Feb 28, 2024 | $27.78 | $27.40 | -1.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does HP (HPQ) report earnings?
HP (HPQ) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is HP (HPQ) earnings time?
HP (HPQ) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HPQ EPS forecast?
HPQ EPS forecast for the fiscal quarter 2025 (Q1) is $0.74.
---
