HP Inc

NYSE:HPQ   4:00:00 PM EDT
29.64
-0.22 (-0.74%)
Layoffs, Restructuring / Reorganization, Other Pre-Announcement

Hp Inc Reports Fiscal 2022 Full Year And Fourth Quarter Results

Published: 11/22/2022 22:53 GMT
HP Inc (HPQ) - Reports Fiscal 2022 Full Year and Fourth Quarter Results; Announces Dividend Increase and Future Ready Transformation.
Q4 Earnings per Share View $0.84, Revenue View $14.69 Billion -- Refinitiv Ibes Data (analyst estimates).
For Fiscal 2023 Q1, Co Estimates GAAP Diluted Net EPS to Be in Range of $0.47 to $0.57.
Sees Q1 Fiscal 2023 Non-GAAP Diluted Net EPS to Be in Range of $0.70 to $0.80.
Q1 Earnings per Share View $0.86 -- Refinitiv Ibes Data (analyst estimates).
Sees for Fiscal 2023, Hp Estimates GAAP Diluted Net EPS to Be in Range of $2.22 to $2.62.
Sees Fiscal 2023 Non-GAAP Diluted Net EPS to Be in Range of $3.20 to $3.60.
Announces Future Ready Transformation Plan.
Estimates Annualized Gross Run Rate Cost Savings of at Least $1.4 Billion by End of Fiscal 2025.
Expects Restructuring and Other Charges of Approximately $1.0 Billion.
Future Ready Transformation Plan, Estimates Annualized Gross Run Rate Cost Savings of at Least $1.4 Billion by End of Fiscal 2025.
Future Ready Transformation Plan, Estimates Restructuring and Other Charges of Approximately $1.0 Billion.
Restructuring Actions Are Expected to Be Completed by End of Fiscal 2025.
Expects to Reduce Gross Global Headcount by Approximately 4,000-6,000 Employees.