Post-earnings recap
Reported
Wed, Aug 26, 2026
EPS actual
$0.83
EPS est.
$0.74
EPS surprise
+11.71%
1-day move
+3.39%
HP Inc. reported better-than-expected earnings per share, which led to a positive stock reaction, with shares rising by 3.39%. However, there was no revenue figure provided, leaving some uncertainty about overall performance. The lack of guidance also means investors will need to wait for more information on future expectations.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.83 | N/A | +11.71% |
| Revenue | N/A | N/A | — |
No transcript is on record, and the analysis is based solely on numerical results.
HP Inc. is a leading technology company known for its printers, PCs, and other hardware products. As a major player in the Information Technology sector, HP is impacted by trends in consumer spending and technological advancements, including the shift towards digital and remote work solutions.
Last quarter
In the last quarter, HP reported an EPS of $0.86, exceeding expectations by 20.11%. The stock reacted positively, gaining 4.34% the following day.
EPS beat streak
4Q
EPS beat rate
50%
Avg EPS surprise
+3.32%
Avg 1-day reaction
+0.05%
Overall, expectations for HP's upcoming earnings are mixed, with no analyst estimates available. Investors are keen to see if the company can maintain its recent momentum.
Bull case
If HP continues to exceed EPS expectations and shows strong revenue growth, it could signal a robust recovery in demand for its products.
Bear case
Conversely, if HP fails to meet expectations or reports declining margins, it could raise concerns about its competitive position and profitability.
The print will turn on these.
Q1
What will the EPS be this quarter?
EPS is a critical measure of HP's profitability and will heavily influence investor sentiment.
Q2
How is HP addressing supply chain challenges?
Supply chain issues can impact production and delivery, affecting revenue and margins.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±7.1%
Why consensus could be wrong
The Street may underestimate HP's ability to leverage its strong brand and product portfolio to drive growth despite economic challenges.
Supporting evidence
HP's recent EPS beat suggests stronger operational efficiency than anticipated.
The company's focus on innovation in printing and computing could capture market share from competitors.
Options pricing indicates a significant move, suggesting that traders expect a more substantial reaction than historical averages.
Key risk
If HP's EPS comes in above $0.86, it could challenge the current cautious sentiment.
Pre-commit to what would confirm each case.
The core debate this quarter revolves around HP's ability to sustain profitability and manage costs effectively amidst market fluctuations.
Bull confirmed if
An EPS above $0.86 with revenue growth exceeding 5% would confirm the bull case.
Bear confirmed if
An EPS below $0.75 or declining gross margins would confirm the bear case.
What the market is pricing for the move.
Implied Move
±11.43%
Historical Avg
±2.0%
The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.
Options are pricing ±11.4% while HPQ has averaged ±2.0% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
63.8%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$1.0M
31,572 sh
1 insider
Net
$1.0M
Net selling
Most Active Insiders· 1 open-market trade
$1.0M
Net selling
Likely market behavior by outcome. Not investment advice.
Beat & raise
History suggests that if HP beats expectations, the stock could rise by an average of 0.32%, confirming a positive outlook.
In line / cautious
If results are in line but management's commentary is cautious, the stock may see limited movement as investors reassess future growth.
Miss
If HP misses expectations, history indicates a potential decline of around 2.30%, which could raise concerns about its competitive position.
The lines on the call that would change the story.
Recent Transactions
Oct 2, 2026 · @ $32.12
31,572 sh
$1.0M
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.