HP Q2 results top estimates thanks to rise in PC sales

In this article:

HP Inc. (HPQ) posted second quarter results that were slightly better than expected. Adjusted earnings per share of $0.82 was just above the expected $0.81. Net revenue of $12.8 billion topped the $12.6 billion estimate. The tech giant also narrowed its full-year adjusted earnings per share forecast to a range of $3.30 to $3.60 from $3.25 to $3.65.

As Yahoo Finance's Julie Hyman and Josh Lipton explain, the results were fueled by a rise in PC sales.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Stephanie Mikulich.

Advertisement