US Edition
HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs
- HP Inc. Reported second-quarter 2025 results on May 7, showing revenue growth but missing earnings expectations in its fiscal quarter ending April 30.
- The company has retracted its financial forecast for 2025, citing uncertain macroeconomic conditions primarily driven by U.S. Import tariffs on Chinese goods and evolving trade policies.
- HP's net income fell to $406 million with adjusted EPS at 71 cents, below analyst estimates, while revenue increased 3.3% to $13.22 billion, driven by Personal Systems growth and offset by printing declines.
- HP CEO Enrique Lores noted that the company has ramped up manufacturing across several countries, including Southeast Asia, India, Mexico, and the United States, aiming for almost all products sold in North America to be manufactured outside China by the end of June to lessen the impact of tariffs.
- HP’s shares dropped 15% after the report, reflecting investor disappointment over earnings misses and cautious guidance, though the company expects to fully offset trade-related costs by Q4 2025.
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HP Profit Outlook Falls Short on Tariffs Costs, Economy
HP Inc. gave a profit outlook for the current quarter that fell short of expectations, and cut its annual earnings forecast, pointing toward a weaker economy and continuing costs from US tariffs on goods from China. The shares fell about 15% in extended trading.
·United States
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HP cuts annual profit forecast as tariffs weigh on demand, shares fall
HP Inc cut its annual profit forecast on Wednesday as it expects a moderation in PC market growth at a time when the global economic environment remains volatile, sending its shares down 14% in extended trading.
·United Kingdom
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