HP shocks Wall Street, blows away earnings estimates

Computing and printing giant HP (HPQ) sure dialed up the growth in its most recent quarter.

Powered by consumers continuing to invest in work-from-home tech gear during the COVID-19 pandemic, HP blew away Wall Street sales and profit forecasts Thursday after the close. The company also shared upbeat guidance for its fiscal year, which may trigger a good number of upward revisions to analyst profit estimates and stock price targets in the coming days.

“What we are seeing is very strong demand…


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