Investing.com - HP Inc (NYSE:HPQ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
HP Inc announced earnings per share of $0.49 on revenue of $14.29B. Analysts polled by Investing.com anticipated EPS of $0.43 on revenue of $13.31B.
HP Inc shares are down 9.05% from the beginning of the year and are trading at $19.33 , down-from-52-week-high.They are under-performing the S&P 500 which is up 7.89% from the start of the year.
HP Inc shares gained 3.42% in after-hours trade the report.
HP Inc follows other major Technology sector earnings this month
HP Inc's report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Alphabet C had beat expectations on Thursday, July 30, 2020 with second quarter EPS of $10.13 on revenue of $38.3B, compared to forecast for EPS of $7.95 on revenue of $37.33B.
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