HP Inc (HPQ.US) is scheduled to release its third-quarter earnings results after market close on Tuesday, August 27, Eastern Time. Wall Street analysts forecast earnings per share of $0.74, representing a 10.8% year-over-year decline, while revenue is projected to reach $13.85 billion, marking a 2.4% increase from the prior year period.

Based on analyst consensus estimates for HP Inc's key tracking and forecasting metrics, the Personal Systems segment's commercial personal systems net revenue is expected to reach $7.11 billion, up 6.4% year-over-year. Consumer personal systems net revenue within the Personal Systems division is broadly anticipated at $2.89 billion, representing a 7.4% year-over-year increase. Total net revenue for the Personal Systems segment carries an analyst average forecast of $10 billion, reflecting a 6.7% year-over-year growth.

Analyst consensus indicates that the Printing segment's supplies net revenue is projected at $2.58 billion, down 4.6% from the same period last year. Commercial printing net revenue within the Printing division is expected at $1.1 billion, declining 4.2% year-over-year. Consumer printing net revenue is forecast at $275.02 million, representing a 6.1% year-over-year decrease. Total Printing segment net revenue is anticipated to reach $3.95 billion, falling 4.6% compared to the prior year period.

According to comprehensive analyst assessments, accounts payable days outstanding is projected at 133 days, compared to the company's reported 131 days in the same period last year. Accounts receivable days outstanding is expected at 32 days, up from 31 days in the prior year period. Inventory days outstanding is forecast at 69 days, versus the company's reported 67 days in the same quarter last year.

Operating income for the Personal Systems segment is widely expected at $529.65 million, below the $599 million recorded in the same period last year. Printing segment operating income carries a collective analyst assessment of $721.47 million, higher than the $715 million reported in the prior year period.

Last week, Bank of America analysts noted in their report that HP Inc's Personal Systems business may see third-quarter revenue gains given strong industry data. Key topics when monitoring third fiscal quarter performance include the impact of demand drivers on Personal Systems revenue, the extent of remaining tariffs in the Personal Systems business, and the level of pricing and margin stability.

The bank expects HP Inc to report third-quarter non-GAAP earnings per share of $0.73, within the company's guidance range of $0.68 to $0.80. For fiscal 2025, they project non-GAAP EPS of $3.06, compared to the company's guidance range of $3.00 to $3.30. The firm reaffirmed its neutral rating on the stock with a $29 price target.

HP Inc reported second-quarter profit outlook that fell short of expectations and lowered its full-year earnings forecast, citing economic weakness and ongoing cost impacts from U.S. tariffs on Chinese goods. Following the earnings release, the stock declined approximately 15% in after-hours trading.

Chief Executive Officer Enrique Lores stated in an interview that rising economic uncertainty related to tariffs is damaging computer demand, with impacts greater than the company had anticipated when issuing earlier forecasts. The company is expanding production in Vietnam, Thailand, India, Mexico, and the United States.