HP Inc. Q1 profit decreases in line with estimates

Washington (DPA -AFX) – HP Inc. (HPQ) has launched a profit for the first quarter that decreased compared to last year in accordance with road estimates.

The bottom line of the company reached $ 565 million, or $ 0.59 per share. This is compared with $ 622 million, or $ 0.62 per action last year.

Excluding articles, HP Inc. reported adjusted winnings of $ 704 million or USD 0.74 per period.

On average, analysts expected the company to earn $ 0.74 per share. The estimates of the analysts usually exclude special articles.

Company revenues for the period increased by 2.4% to $ 13.504 billion, from $ 13.185 billion last year.

HP Inc. Earnings from a look (GAAP):

-Earnings: $ 565 MLN. vs. 622 USD MLN. Last year. -Eps: $ 0.59 compared to $ 0.62 last year. -Revenue: $ 13,504 BLN vs. 13.185 USD BLN last year.

-Guide: Next quarter EPS Guide: $ 0.75 to $ 0.85 all year Guide EPS: $ 3.45 to $ 3.75