HP Missed Expectations

HP (HPQ) reported earnings of $0.71 per share on revenue of $13.22 billion for the fiscal second quarter ended April 2025. The consensus earnings estimate was $0.80 per share on revenue of $13.36 billion. The Earnings Whisper number was $0.82 per share. The company missed expectations by 13.41% while revenue grew 3.28% on a year-over-year basis.

The company said it expects third quarter non-GAAP earnings of $0.68 to $0.80 per share. The current consensus earnings estimate is $0.91 per share for the quarter ending July 31, 2025. The company also said it expects fiscal 2025 non-GAAP earnings of $3.00 to $3.30 per share. The company's previous guidance was earnings of $3.45 to $3.75 per share and the current consensus earnings estimate is $3.49 per share for the year ending October 31, 2025.

Hewlett-Packard Company is a provider of products, technologies, software, solutions & services to individual consumers, small- and medium-sized businesses and large enterprises, including customers in the government, health and education sectors.