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May 31, 2022
general Analysis
[1 min Read]
HPQ's earnings are being released on May 31st, after market close.
HPQ historically beats earnings 91.18% of the time, with an average beat on earnings of 12.72%.
Conversely, HPQ historically misses earnings 8.82% of the time, with an average miss of 11.27%.
By taking a weighted average (91.18% for earnings beats, and 8.82% for earnings misses) of the average gains/losses we can arrive at an estimate of how much HPQ will beat (or miss) their earnings by. HPQ has a weighted average EPS beat of 11.6%, and a weighted average EPS miss of 0.99%. By adding these weighted averages together we arrive at an estimated earnings beat of 10.61%.
Applying this to their earnings estimate we can expect HPQ to beat their EPS estimate by 10.61% which would result in a reported EPS of $1.16 (versus their EPS estimate of $1.05).