HP CEO Predicts Strong 2018 Growth [Fortune]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Fortune
The good news keeps coming at HP Inc. Since the company, best known as “Hewlett Packard”, split three years ago, the stock (HPQ) has doubled in price, it has reported six straight quarters of double digit earnings growth and HP is now the worldwide leader in desktop PC’s. Dion Weisler, who took over as CEO after the split, says he expects the momentum to continue and that’s why he recently raised the profit outlook for 2018. “There’s no single pill. No magic,” he says. “Lots of focus in lots of different areas. When you put it all together, it enables us to grow faster than our competitors.” With annual revenues of $52 billion, HP is now ranked at number 58 on the Fortune 500 l ist of the largest industrial companies in America. Could the Palo Alto company get bigger by going after Xerox? Rumors were rife about an HP-Xerox combination as activist investor Carl Icahn recently engineered a management shake up at the copier giant. But Weisler plays down the speculation. “
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HPQ
Earnings
- 2/28/24 - In-Line
HPQ
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- HPQ's page on the SEC website