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Oct 31, 2022
HP Q4 2022 Earnings Report
HP reported Q4 2022 results, announced a dividend increase, and unveiled the Future Ready Transformation plan.
Key Takeaways
HP Inc. reported Q4 net revenue of $14.8 billion, a decrease of 11.2% year-over-year. The company's non-GAAP diluted net EPS was $0.85, while GAAP diluted net EPS was negligible due to one-time non-cash tax adjustments. HP announced a 5% dividend increase and the Future Ready Transformation Plan.
Q4 GAAP diluted net EPS was negligible, below the previously provided outlook of $0.44 to $0.54 per share, due to one-time non-cash tax adjustments
Q4 non-GAAP diluted net EPS of $0.85, within the previously provided outlook of $0.79 to $0.89 per share
Q4 net revenue of $14.8 billion, down 11.2% from the prior-year period
HP Inc announces dividend increase of 5%
Revenue by Segment
Forward Guidance
For the fiscal 2023 first quarter, HP estimates GAAP diluted net EPS to be in the range of $0.47 to $0.57 and non-GAAP diluted net EPS to be in the range of $0.70 to $0.80. For fiscal 2023, HP estimates GAAP diluted net EPS to be in the range of $2.22 to $2.62 and non-GAAP diluted net EPS to be in the range of $3.20 to $3.60. For fiscal 2023, HP anticipates generating free cash flow in the range of $3.0 to $3.5 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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