HP (HPQ) Q2 earnings: Taking a look at key metrics versus estimates

HP reported $13.22 billion in revenue for the quarter ended April 2025, representing a year-over-year increase of 3.3%. EPS of $0.71 for the same period compares to $0.82 a year ago.

The reported revenue represents a surprise of -1.51% over the Zacks Consensus Estimate of $13.42 billion. With the consensus EPS estimate being $0.80, the EPS surprise was -11.25%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how HP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Days in accounts payable: 130 Days versus the two-analyst average estimate of 134 Days.
• Days of sales outstanding in accounts receivable: 30 Days compared to the 29 Days average estimate based on two analysts.
• Days of supply in inventory: 70 Days compared to the 73.5 Days average estimate based on two analysts.
• Net revenue- Personal Systems- Commercial PS: $6.79 billion versus the two-analyst average estimate of $6.99 billion. The reported number represents a year-over-year change of +8.7%.
• Net revenue- Personal Systems- Consumer PS: $2.24 billion compared to the $2.20 billion average estimate based on two analysts. The reported number represents a change of +2.5% year over year.
• Net revenue- Personal Systems: $9.02 billion compared to the $9.19 billion average estimate based on two analysts. The reported number represents a change of +7.1% year over year.
• Net revenue- Printing- Supplies: $2.73 billion versus $2.75 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.9% change.
• Net revenue- Printing- Commercial Printing: $1.17 billion versus $1.19 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.2% change.
• Net revenue- Printing- Consumer Printing: $289 million versus $287.61 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.3% change.
• Net revenue- Printing: $4.18 billion versus $4.23 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.3% change.
• Earnings from operations- Printing: $814 million versus the two-analyst average estimate of $795.04 million.
• Earnings from operations- Personal Systems: $409 million versus $532.89 million estimated by two analysts on average.

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