HP Inc's stock price surged 5.03% during the night session, following the company's latest quarterly financial report.
The significant price movement appears to be driven by HP Inc reporting quarterly earnings and revenue that exceeded analyst expectations. According to recent reports, the company posted earnings of 86 cents per share, beating the consensus estimate of 71 cents per share. Revenue for the quarter came in at $14.41 billion, also surpassing the Street estimate of $14.04 billion.