HP Inc. (HPQ) - Get Report shares rose after hours Wednesday after the company reported second quarter earnings of 40 cents per share, beating analysts' consensus estimates by a penny. Revenue of $12.39 billion also beat Wall Street's $11.93 billion expectations for the quarter.
Additionally, the company forecast third quarter results that were roughly in line with the market's guidance for the period.
The company's shares were up nearly 7% in after hours trading after closing Wednesday intraday trading up 0.16%. Year to date the stock is up 28% and has increased nearly 46% over the past 12 months.
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