HP Inc. reported strong fiscal first-quarter results for 2026, surpassing analyst expectations for both revenue and earnings per share. However, the stock experienced a significant drop in after-hours trading due to the company’s cautious forward guidance, citing potential impacts from U.S. trade regulations and increasing memory chip costs. This discrepancy highlights investor concern over future profitability despite current strong performance.
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HP Inc. (NYSE:HPQ) Stock Falls Despite Earnings Beat on Cautious Outlook
HP Inc. reported strong fiscal first-quarter results for 2026, surpassing analyst expectations for both revenue and earnings per share. However, the stock experienced a significant drop in after-hours trading due to the company’s cautious forward guidance, citing potential impacts from U.S. trade regulations and increasing memory chip costs. This discrepancy highlights investor concern over future profitability despite current strong performance.