HP Stock Tumbles On In-Line Earnings. Sales Beat Views But Profit Guidance Misses.

By Investor's Business Daily   |   1 year ago
HP Stock Tumbles On In-Line Earnings. Sales Beat Views But Profit Guidance Misses.

HP's stock fell despite meeting Q4 earnings expectations with better sales. The company's profit guidance for the next quarter was lower than expected, causing the decline. HP reported revenue growth and emphasized progress in Personal Systems and Print. The stock had gained 30.

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