HP raises Q4 FY26 GAAP EPS guidance to $0.74-$0.84; adj beat est
- HP Inc. sets Q4 FY26 GAAP EPS guidance at $0.74-$0.84, beating $0.60 estimate
- Adjusted non-GAAP EPS guidance stands at $0.69-$0.79 vs $0.67 consensus
- GAAP midpoint of $0.79 implies a 31.7% beat over analyst expectations
- Adjusted EPS midpoint of $0.74 shows a 10.4% upside to estimates

*this image is generated using AI for illustrative purposes only.
HP Inc. (NYSE: HPQ) raised its fourth-quarter fiscal 2026 GAAP earnings per share guidance to $0.74-$0.84, significantly surpassing the $0.60 analyst consensus.
The company also provided adjusted non-GAAP EPS guidance of $0.69-$0.79, beating the $0.67 estimate.
What the Numbers Show
The midpoint of the GAAP guidance range ($0.79) implies a 31.7% beat over the $0.60 estimate, highlighting a significant divergence between analyst models and management’s internal projections for profitability. Similarly, the adjusted EPS midpoint ($0.74) represents a 10.4% upside to the $0.67 consensus, reinforcing the strength of the outlook across both accounting measures.
What specific operational efficiencies or cost-cutting measures drove the significant divergence between HP's internal projections and analyst consensus?
How might this earnings beat influence HP's capital allocation strategy, particularly regarding share buybacks or dividend increases in the coming quarters?
Will HP's strong Q4 performance signal a broader recovery in the enterprise PC market, or is this growth isolated to specific high-margin segments?































