Company Earnings Update 4 minutesRegister for Free AccessHP 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? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 4Q24, Week 2: Columbia Sportswear, Mondelēz and Tapestry See Sales Growth; Clorox, Estée Lauder and PepsiCo Report DeclinesOnline Shopping in Focus—Amazon Dominates E-Commerce Competition: US Consumer Survey InsightsHome and Home-Improvement Shopping in Focus; Financial Sentiment Turns Negative: US Consumer Survey InsightsIntroducing the New Tech 25 for ’25: Retail-Tech Companies To Watch
