HP Inc.: Q1 in line with consensus

(CercleFinance.com) - HP Inc.
, a company that combines the former Hewlett-Packard's hardware business, has reported Q1 adjusted EPS that is up 8% at 52 cents, in line with the consensus.

The group's adjusted operating margin remained unchanged at 6.9% for revenues that edged up 1% to 14.7 billion dollars (+2% at constant exchange rates), with growth in PC salse and a stagnation in printer sales.

The group based in Palo Alto (California) confirms that it expects adjusted EPS of between 2.12 dollars and 2.22 dollars for its fiscal year 2018-19, with free cash flow of at least 3.7 billion dollars over the period.


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