• HP Inc HPQ.N reported quarterly adjusted earnings of 93 cents​​ per share for the quarter ended October 31, identical to the same quarter last year. The mean expectation of fourteen analysts for the quarter was for earnings of 92 cents per share. Wall Street expected results to range from 73 cents to 95 cents per share.

• Revenue rose 6.9% to $14.64 billion from a year ago; analysts expected $13.94 billion.

• HP Inc's reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $545 million.

• HP Inc shares had fallen by 17.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 9 "hold" and 6 "sell" or "strong sell." The average consensus recommendation for the computer hardware peer group is "buy."

• Wall Street's median 12-month price target for HP Inc is $22.00, about 17.3% above its last closing price of $18.20

This summary was machine generated from LSEG data February 24 at 10:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)