HP Inc. (HPQ) Q1 2026 (USD) Adj. EPS 0.81 (exp. 0.76), Revenue 14.4bln (exp. 13.87bln), Adj. net income 800mln (exp. 711.6mln)
Newsquawk Staff ·
- Expects to be at lower end of FY2026 guidance range for EPS, adj. EPS and free cash flow.
- Warns US trade regulations and memory chip costs to weigh on annual forecasts.
Guidance
- Q2 adj. EPS 0.70-0.76 (exp. 0.74).
- FY adj. EPS 2.90-3.20 (exp. 3).
What it means
HP Inc. reported a solid Q1 2026 with revenues and adjusted EPS coming in above expectations, indicating strong demand. However, guidance suggests caution, as they anticipate being at the lower end of their FY2026 targets, impacted by trade regulations and memory chip costs, which could dampen sentiment going forward.
Sources
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