HP Inc: Q1 adjusted EPS up 42%
(CercleFinance.com) - On Thursday evening HP Inc reported Q1 adjusted EPS that is up 42% at 92 cents, well ahead of the consensus, with an adjusted operating margin that has improved by 1.
3 point to 9.4%.
The IT hardware supplier's revenues increased by 7% to 15.6 billion dollars (+6.6% at constant exchange rates), with equivalent growth in PCs and printers.
The Palo Alto, California-based group announced that it targets adjusted EPS of 84-90 cents for the current quarter and has a FY 2020-21 target range of 3.15-3.25 dollars.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
3 point to 9.4%.
The IT hardware supplier's revenues increased by 7% to 15.6 billion dollars (+6.6% at constant exchange rates), with equivalent growth in PCs and printers.
The Palo Alto, California-based group announced that it targets adjusted EPS of 84-90 cents for the current quarter and has a FY 2020-21 target range of 3.15-3.25 dollars.
Copyright (c) 2021 CercleFinance.com. All rights reserved.