Mixed 2Q Numbers For HP
Posted on May 24, 2012 at 10:18 AM EDT
Hewlett-Packard Company (NYSE:HPQ) reported second quarter 2012 earnings per share (EPS) of 98 cents, beating the Zacks Consensus Estimate of 91 cents. Also, the quarter’s result came above the company’s guidance range of 88 cents to 91 cents. Despite a weak year-over-year comparison, shares jumped roughly 11.0% in the after-hours. Apart from the guidance beat, [...]

Hewlett-Packard Company (NYSE:HPQ) reported second quarter 2012 earnings per share (EPS) of 98 cents, beating the Zacks Consensus Estimate of 91 cents. Also, the quarter’s result came above the company’s guidance range of 88 cents to 91 cents. Despite a weak year-over-year comparison, shares jumped roughly 11.0% in the after-hours. Apart from the guidance beat, the main driver of the shares remained the news of a major restructuring as announced by the H-P chief Meg Whitman. Per the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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