HP Inc: Q4 in line with expectations

(CercleFinance.com) - HP Inc.
, a company that includes the hardware business of the former Hewlett-Packard, has reported adjusted net income that is up 15% at 0.9 billion dollars over the past quarter, meaning EPS of 54 cents, in line with the consensus.

Its adjusted operating margin slipped 0.2 point to 7.1% for revenues that are up 10% to 15.4 billion dollars (+9% at constant exchange rates), with similar growth for PCs and for printers.

With FY adjusted EPS of 2.02 over last year, in line with its latest target range of 2.0 dollars to 2.03 dollars, HP Inc. expects between 2.12 dollars and 2.22 dollars for fiscal year 2018-19.



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