earnings
confidence high
sentiment positive
materiality 0.70
HP guides FY2024 GAAP EPS $2.75-$3.15, raises dividend 5% to $1.10/share
HP INC
- Fiscal 2024 GAAP diluted EPS guidance: $2.75-$3.15; non-GAAP: $3.25-$3.65.
- Free cash flow expected $3.1-$3.6 billion; ~100% returned via dividends and buybacks.
- Annual dividend raised 5% to $1.1024 per share, starting Q1 FY2024.
- Future Ready cost savings target increased $200M to $1.6B annualized by FY2025.
- Restructuring charges remain ~$1.0B; no change to prior estimate.