earnings
confidence high
sentiment positive
materiality 0.75
HP reports FY2024 GAAP EPS $2.81, above outlook; raises dividend 5%
HP INC
2024-FY EPS reported
$2.81
revenue$53,559,000,000
- FY24 GAAP diluted EPS $2.81 above guidance of $2.62-2.72; revenue $53.6B (-0.3% YoY).
- Q4 GAAP diluted EPS $0.93 above guidance of $0.74-0.84; revenue $14.1B (+1.7% YoY).
- Non-GAAP FY24 EPS $3.38 within guidance; non-GAAP Q4 EPS $0.93 within guidance.
- Free cash flow FY24 $3.3B; returned $3.2B to shareholders via buybacks and dividends.
- Board authorized 5% dividend increase to $0.2894 quarterly, starting Q1 FY25.