From CNBC: 2025-05-28 17:02:00

HP reported second-quarter results that surpassed revenue estimates but fell short on earnings and guidance due to President Donald Trump’s tariffs. Shares dropped 15% post-report. Revenue increased by 3.3% to $13.22 billion. Net income was $406 million. Third-quarter adjusted earnings are projected to be 68-80 cents per share, with full-year earnings estimated at $3-$3.30 per share, below analysts’ expectations. HP cites U.S. tariffs for added costs. CEO Enrique Lores mentioned increased production in multiple countries to offset trade-related costs and expects full mitigation by Q4. HP’s call with investors is at 5 p.m. ET.



Read more at CNBC:: HP (HPQ) Q2 earnings 2025