HP (NYSE:HPQ) reported quarterly earnings of $1.00 per share which beat the analyst consensus estimate of $0.84 by 19.05 percent. This is a 104.08 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $15.30 billion which missed the analyst consensus estimate of $15.91 billion by 3.83 percent. This is a 7.04 percent increase over sales of $14.29 billion the same period last year.
Mid-Afternoon Market Update: Nasdaq Surges 200 Points; Dentsply Sirona Shares Plunge
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 200 points on Tuesday.