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Palo Alto, California-based HP Inc. (HPQ) is a leading provider of PCs and other hardware devices including printers, hard disks, and more. Valued at $30.7 billion by market cap, HP’s operations span the Americas, Indo-Pacific, and EMEA. The PC maker is expected to announce its first-quarter results on Wednesday, Feb. 26.
Ahead of the event, analysts expect HP to report a non-GAAP profit of $0.74 per share, down 8.6% from $0.81 per share reported in the year-ago quarter. While the company has surpassed or matched Wall Street’s bottom-line estimates twice over the past four quarters, it has missed the projections on two other occasions. Its EPS for the last reported quarter increased by a modest 3.3% year-over-year to $0.93, missing the consensus estimates by 1.1%.