These Analysts Slash Their Forecasts On HP Following Downbeat Earnings

1. HPQ reported Q2 revenue of $13.22 billion, beating estimates. 2. Adjusted earnings of 71 cents per share missed expectations of 80 cents. 3. Q3 adjusted earnings guidance lowered to 68-80 cents, below estimates. 4. Full-year earnings outlook reduced from $3.45-$3.75 to $3-$3.30. 5. HP shares dropped 6.4% post-earnings announcement to $25.42.