HP Inc. (NYSE:HPQ) posted its third-quarter results after Wednesday’s closing bell, beating analyst estimates. Here’s a look at the details inside the report.
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HP Q3 Details
HP reported quarterly earnings of 83 cents per share, which beat the analyst estimate of 69 cents by 20.29%, according to Benzinga Pro data.
Quarterly revenue came in at $15.68 billion, which beat the Street estimate of $14.34 billion and was up from $13.93 billion in the same period last year.
“In the third quarter we increased both total sales and share in premium products and continued to attract new customers with innovations in WXP, Print, workstations and AI PCs. Our ongoing strategy to address environmental constraints led to meaningful improvements in memory supply and higher fulfillment rates,” said Bruce Broussard, Interim CEO of HP.
Looking Ahead
HP raised its fiscal 2026 adjusted EPS guidance to a new range of $3.19 to $3.29, versus the $3.04 analyst estimate.
HPQ Stock Price Activity: According to data from Benzinga Pro, HP stock was down 8.52% to $27.93 in Wednesday’s extended trading.
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