Company Earnings UpdateHP Inc. (NYSE: HPQ) 3Q19 Results: Results Beat/In Line with Consensus, Growth Driven by Desktops, Raises Annual EPS Forecast, Announces CEO Succession Coresight Research August 22, 2019 Executive Summary HP reported fiscal 3Q19 revenues of $14.60 billion, flat year over year, and in line with the $14.62 billion consensus estimate. Adjusted EPS was $0.58, up 11.5% year over year and beating the $0.55 consensus estimate. Personal systems was the fastest-growing segment, driven by growth in PC desktops, which grew 6.8%. Revenues in the other subsegment (which includes POS systems) declined 1.9%. HP raised its fiscal 2019 adjusted EPS guidance to $2.31-$2.35 (up 14%-16%) from $2.14-$2.21 previously. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Store Tracker Extra, March 2025: US Total Closed Retail Space Exceeds 100 Million Square FeetCEO Brief: Tech for Tariffs—Four Technologies (and Services) That Can Raise Revenues and Margins Now to Offset Tariff PainThree Data Points We’re Watching This Week, Week 6: US Consumer and Retail FocusBlack Friday 2025: Key Insights from US Stores—Solid Shopper Demand, Some True Doorbusters and Greater Omnichannel Integration
