Investing.com - HP Inc (NYSE:HPQ) reported fourth quarter earnings that matched analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.54 on revenue of $15.4B. Analysts polled by Investing.com forecast EPS of $0.54 on revenue of $15.09B. That compared to EPS of $0.44 on revenue of $13.93B in the same period a year earlier. The company had reported EPS of $0.52 on revenue of $14.59B in the previous quarter.
For the year, HP Inc shares are up 8.81%, outperforming the S&P 500 which is up 2.01% year to date.
HP Inc follows other major Technology sector earnings this month
On Thursday, November 1, 2018, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.
Cisco earnings beat analyst's expectations on Wednesday, November 14, 2018, with first quarter EPS of $0.75 on revenue of $13.07B. Investing.com analysts expected EPS of $0.72 on revenue of $12.86B
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