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HPQ
Benzinga
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These Analysts Revise Their Forecasts On HP After Q3 Results

1. HPQ reports Q3 earnings of 75 cents, meeting expectations. 2. Quarterly revenue of $13.93 billion exceeds estimates of $13.69 billion. 3. Fifth consecutive quarter of revenue growth noted by CEO Enrique Lores. 4. Q4 EPS estimates range from 87 to 97 cents, slightly above consensus. 5. Analysts adjust price targets, with mixed ratings post-earnings.

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FAQ

Why Bullish?

HPQ's strong revenue growth and positive earnings support upward momentum. Historically, consistent performance boosts investor confidence.

How important is it?

Earnings exceeding expectations are critical for HPQ's growth narrative and affect investor perceptions. Analysts' mixed ratings indicate cautious optimism.

Why Short Term?

Immediate positive sentiment from earnings can drive short-term price increases, similar to past earnings reports.

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