H-P Earnings: When Poor Is Good Enough (HPQ)
Hewlett-Packard Co. (NYSE: HPQ) has reported its fourth quarter earnings and we have this listed against Thomson Reuters estimates: Q4 non-GAAP at $1.17 EPS and $32.3 billion in sales vs. estimates of $1.13 EPS and $32.05 billion in sales; Next…
Hewlett-Packard Co. (NYSE: HPQ) has reported its fourth quarter earnings and we have this listed against Thomson Reuters estimates:
- Q4 non-GAAP at $1.17 EPS and $32.3 billion in sales vs. estimates of $1.13 EPS and $32.05 billion in sales;
- Next quarter at $0.83 to $0.86 EPS and 2012 full year of “at least $4.00 EPS… estimates are $1.11 EPS next quarter and $4.56 EPS for next year.
Shares closed down 4% ahead of the report at $26.86 after a $27.00 close on Friday. In the after hours session, H-P shares are back up around $27.75.
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Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
