HP Inc: raises EPS target range
(CercleFinance.com) - Benefiting from Q2 that is in line with analysts' expectations, on Tuesday evening HP Inc.
raised its adjusted FY EPS target range from 1.90-2.00 dollars to 1.97-2.02 dollars.
The company, which includes Hewlett-Packard's hardware business, reported adjusted net income that is up 16% at 0.8 billion dollars for the past quarter, meaning EPS of 48 cents, in line with the consensus.
The group's adjusted operating margin deteriorated by 0.2 point to 7.4% for revenues that rose by 13% to 14 billion dollars (+10% at constant exchange rates), with 14% growth for PCs and 11% growth for printers.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
raised its adjusted FY EPS target range from 1.90-2.00 dollars to 1.97-2.02 dollars.
The company, which includes Hewlett-Packard's hardware business, reported adjusted net income that is up 16% at 0.8 billion dollars for the past quarter, meaning EPS of 48 cents, in line with the consensus.
The group's adjusted operating margin deteriorated by 0.2 point to 7.4% for revenues that rose by 13% to 14 billion dollars (+10% at constant exchange rates), with 14% growth for PCs and 11% growth for printers.
Copyright (c) 2018 CercleFinance.com. All rights reserved.