Enrique Lores, CEO, HP
Scott Mlyn | CNBC
HP shares rose and were halted forward of the corporate issued its fiscal first-quarter earnings notify that confirmed the PC maker performing better than analysts had anticipated. The corporate had planned to pronounce the outcomes after market shut. Shares are undoubtedly up extra 3% after trading resumed .
Here’s how the corporate did:
- Earnings: 92 cents per portion, adjusted, vs. 66 cents per portion as anticipated by analysts, in accordance with Refinitiv.
- Revenue: $15.65 billion. vs. $14.97 billion as anticipated by analysts, in accordance with Refinitiv.
With respect to guidance for the 2021 fiscal year, HP said it sees $3.15 to $3.25 in adjusted earnings per portion, neatly above the $2.65 consensus among analysts polled by Refinitiv.
Execuitives will discuss the outcomes on a conference call at 4: 30 Eastern time.