HP's 3Q GAAP, Non-GAAP Earnings Tell Different Stories
Dow Jones08-27 04:19
HP's 3Q GAAP diluted EPS falls 11% year over year to 71 cents while non-GAAP diluted EPS climbs 11% to 83 cents. Both figures include an identical 11-cent benefit from tariff refunds. CFO Karen Parkhill says the quarter delivered EPS above the top of guidance, and the company would raise its guidance for FY26. "With three solid quarters behind us, we've demonstrated our ability to navigate through a challenging cost environment and are building on that momentum to further mitigate near-term cost pressures while continuing to invest for long-term profitable growth."
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