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U.S. equities were mixed at midday, dropping from their morning highs after a federal trade court blocked some of President Donald Trump's tariffs. The S&P 500 and Nasdaq were up, the Dow Jones Industrial Average fell.
HPQ stock dips 8% after Q2 EPS misses by 11%. Despite 2.4% revenue growth, the lowered FY25 profit outlook adds to investor concerns.
HP Inc HPQ reported weaker-than-expected earnings for the second quarter on Wednesday.
Burlington (BURL) erased premarket gains after beating earnings. HP Inc. (HPQ) blamed tariffs for higher costs in its worse-than-expected earnings report.
HP Inc (NYSE:HPQ) shares fell more than 6% in early trade on Thursday after the technology company trimmed its full-year outlook, citing added costs due to US tariffs, and reported mixed earnings for the fiscal second quarter. The company now expects full-year earnings per share (EPS) in the range of $3 to $3.30, below the Street consensus of $3.50.
HP Inc. (NYSE:HPQ ) Q2 2025 Earnings Conference Call May 28, 2025 5:00 PM ET Company Participants Orit Keinan-Nahon - Head of Investor Relations Enrique Lores - President and Chief Executive Officer Karen Parkhill - Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Michael Ng - Goldman Sachs Asiya Merchant - Citigroup Wamsi Mohan - Bank of America Samik Chatterjee - JPMorgan Amit Daryanani - Evercore ISI David Vogt - UBS Tim Long - Barclays Alek Valero - Loop Capital Operator Good day, everyone, and welcome to the Second Quarter 2025 HP Incorporated Earnings Conference Call. My name is Tina, and I will be your conference moderator for today's call.
The headline numbers for HP (HPQ) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
HP (HPQ) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.82 per share a year ago.
The computer and printer maker lowered its outlook for the year, citing higher-than-expected tariff costs.
HP Inc cut its annual profit forecast on Wednesday as it expects a moderation in PC market growth at a time when the global economic environment remains volatile, sending its shares down 14% in extended trading.