HP's Q1 Earnings Beat, Q2 Guidance Disappoints

HP Inc. (NYSE: HPQ) reported its fiscal 2025 first quarter financial results on February 27, 2025, with earnings that beat analysts' expectations but guidance for the second quarter that fell short. The company's earnings per share (EPS) of $0.59 and $0.74 on a GAAP and non-GAAP basis, respectively, were above the consensus estimates of $0.58 and $0.76. However, HP's guidance for the second quarter was below analysts' expectations, with GAAP EPS projected to be in the range of $0.63 to $0.77 and non-GAAP EPS expected to be between $0.78 and $0.92.