HP (HPQ Quick QuoteHPQ - Free Report) reported $15.68 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 12.5%. EPS of $0.83 for the same period compares to $0.75 a year ago.

The reported revenue represents a surprise of +5.59% over the Zacks Consensus Estimate of $14.85 billion. With the consensus EPS estimate being $0.75, the EPS surprise was +10.67%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how HP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Days in accounts payable: 151.00 Days versus 141.00 Days estimated by two analysts on average.
• Days of sales outstanding in accounts receivable: 41.00 Days versus the two-analyst average estimate of 34.00 Days.
• Days of supply in inventory: 73.00 Days versus 69.50 Days estimated by two analysts on average.
• Net revenue- Personal Systems- Commercial PS: $8.58 billion compared to the $7.67 billion average estimate based on two analysts. The reported number represents a change of +21.9% year over year.
• Net revenue- Personal Systems- Consumer PS: $3.19 billion versus the two-analyst average estimate of $3.24 billion. The reported number represents a year-over-year change of +10.1%.
• Net revenue- Personal Systems: $11.77 billion compared to the $10.91 billion average estimate based on two analysts. The reported number represents a change of +18.5% year over year.
• Net revenue- Printing- Supplies: $2.54 billion versus $2.58 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.6% change.
• Net revenue- Printing- Commercial Printing: $1.1 billion versus the two-analyst average estimate of $1.07 billion. The reported number represents a year-over-year change of -1.1%.
• Net revenue- Printing- Consumer Printing: $275 million versus $248.83 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.2% change.
• Net revenue- Printing: $3.91 billion versus the two-analyst average estimate of $3.9 billion. The reported number represents a year-over-year change of -1.9%.
• Earnings from operations- Personal Systems: $537 million compared to the $539.53 million average estimate based on two analysts.
• Earnings from operations- Corporate Investments: $-28 million versus the two-analyst average estimate of $-66.23 million.

View all Key Company Metrics for HP here>>>

Shares of HP have returned +4.4% over the past month versus the Zacks S&P 500 composite's +3.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.