HP Stock Climbs After Q3 Earnings: Here's Why
1. HPQ's Q3 earnings were 75 cents per share, meeting estimates. 2. Quarterly revenue of $13.93 billion exceeded the $13.69 billion estimate. 3. Personal Systems revenue increased by 6% year-over-year, showing growth. 4. Printing segment saw a 4% revenue decline; hardware units down 9%. 5. Fourth-quarter EPS is estimated between 87 and 97 cents.