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Hewlett-Packard (HPQ): FQ2 EPS of $0.98 beats by $0.07. Revenue of $30.69B (-3% Y/Y) beats by...

Hewlett-Packard (HPQ): FQ2 EPS of $0.98 beats by $0.07. Revenue of $30.69B (-3% Y/Y) beats by $770M. Expects FQ3 EPS of $0.94-$0.97, below $1.02 consensus. Expects FY12 EPS of $4.05-$4.10, above $4.03 consensus. Shares +7.1% AH. (PR)

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Comments (6)
  • Joe Razorback
    , contributor
    Comments (281) | Send Message
     
    Hmmmm. Lets here the conference call on this one...
    23 May 2012, 04:12 PM Reply Like
  • Spencer Knight
    , contributor
    Comments (417) | Send Message
     
    Dell's situation is isolated. Not too surprising.
    23 May 2012, 04:18 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    The usual wall street joke and attempt to pump and dump. Meaningless drivel on "the beat front". Did not check the numbers but reportedly HPQ was actually down over 30% on Q1/11 to Q1/12 . Some beat. Let us suggest that the lying wall street talking heads take a actual 30% salary and bonus reduction and see how they spin that one at home to the wife and kids.
    23 May 2012, 10:49 PM Reply Like
  • MICHAELIRISH131
    , contributor
    Comments (43) | Send Message
     
    The 27000 jobs reduction for annual saving of 3 billion to 3.5 Maybe a product plan would have been better than hunker down till someone come up with one.
    23 May 2012, 10:52 PM Reply Like
  • Jacob Steinberg
    , contributor
    Comments (814) | Send Message
     
    So yesterday when Dell posted bad results, almost every company in the industry lost 3-5% in market value. Does that mean most of those companies will rally tomorrow? We shall see.
    24 May 2012, 12:36 AM Reply Like
  • Three Cheese Fondue
    , contributor
    Comments (652) | Send Message
     
    FY12e exp $4 on a $21 stock and people wonder why it didn't tank like Dell? How cheap do you want it for f*** sake?
    24 May 2012, 06:05 AM Reply Like
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