The HP shares have fallen 8.33% this Thursday on Wall Street After the company, which has submitted its quarterly accounts, cut its forecasts for the next quarter to incorporate the effects of tariffs. Thus, the company now expects to register in the next quarter a Building per share (BPA) between 0.57 and 0.69 dollars, while previously expected it to reach a maximum of $ 0.80. For the whole year, awaits a BPA of up to 2.26 dollars. The company has explained that this revision of the forecast «reflects the additional cost generated by tariffs current Americans and associated mitigations. «» Before the growing macroeconomic uncertainty, We have adjusted our perspectives to reflect the moderation of demand and the net impact of trade related costs. We are implementing specific mitigation strategies and, assuming that current conditions are maintained, we hope to completely compensate for these costs for the fourth quarter, «he explains Karen ParkhillFinancial Director of HP. With regard to the accounts, the firm has achieved for the second quarter of fiscal year 2025 a Net profit of 13.2 billion dollarswhich represents an increase of 3.3% over the same period of the previous year. «In the second quarterwe achieved solid income growthpromoted by a solid commercial performance in personal systems and the continuous promotion of our strategy for the future of work. While the results of the quarter were affected by a dynamic regulatory environment, we respond quickly to accelerate the expansion of our manufacturing plant and further reduce our cost structure, «he said Enrique LoresPresident and CEO of HP.
