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HP Inc exceeds expectations

Yanoom by Yanoom
November 24, 2021
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HP Inc exceeds expectations
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(AOF) – HP Inc delivered results that exceeded expectations. In the fourth quarter, which ended at the end of October, the company specializing in personal computers and printers achieved net profit up 364% to 3.1 billion dollars, or 2.71 per share. Excluding special items, profit reached 94 cents per share, beating consensus by 6 cents. Its revenue grew 9.3% (+ 6.9% at constant exchange rates) to $ 16.68 billion. It is 8.58% higher than expected.

The PC and printer maker anticipates adjusted earnings per share of $ 4.07 to $ 4.27 in fiscal 2022.

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