HP Inc. (NYSE: HPQ) is expected to release earnings results for the first fiscal quarter ended Jan. 31, 2024, after the closing bell on Wednesday.
Analysts expect the Palo Alto, California-based company to report quarterly earnings at 81 cents per share, up from year-ago earnings of 75 cents per share. HP is projected to post revenue of $13.56 billion, according to data from Benzinga Pro.
On Feb. 14, HSBC analyst Stephen Bersey upgraded HP from Hold to Buy and raised the price target from $30 to $33.
With the recent buzz around HP, some investors may be eyeing potential gains from the company’s dividends too. As of now, HP offers an annual dividend yield of 3.82%, which is a quarterly dividend amount of 27.56 cents …