HPQ drops after Q3 results and higher fiscal 2026 guidance

HP Inc. (NYSE: HPQ ) posted its third-quarter results after Wednesday’s closing bell, beating analyst estimates.

Here’s a look at the details inside the report.

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HP Q3 Details HP reported quarterly earnings of 83 cents per share, which beat the analyst estimate of 69 cents by 20.29%, according to Pro data.

Quarterly revenue came in at $15.68 billion, which beat the Street estimate of $14.34 billion and was up from $13.93 billion in the same period last year. “In the third quarter we increased both total sales and share in premium products and continued to attract new customers with innovations in WXP, Print, workstations and AI PCs.

Our ongoing strategy to address environmental constraints led to meaningful improvements in memory supply and higher fulfillment rates,” said Bruce Broussard, Interim CEO of HP.

Read Also: Okta Stock Rallies After Q2 Earnings Beat Estimates Looking Ahead HP raised its fiscal 2026 adjusted EPS guidance to a new range of $3.19 to $3.29, versus the $3.04 analyst estimate.

HPQ Stock Price Activity: According to data Pro, HP stock was down 8.52% to $27.93 in Wednesday’s extended trading.

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