Company news: Hewlett-Packard (HPQ) FQ1 EPS of $0.92 beats by $0.05

Market news

23 February 2012

Company news: Hewlett-Packard (HPQ) FQ1 EPS of $0.92 beats by $0.05

Revenue of $30B (-7% Y/Y) misses by $700M. Company expects FQ2 EPS of $0.88-$0.91, below $0.95 consensus. Guidance for FY12 EPS of $4, below $4.08 consensus. Shares of HPQ -3.49% to $27.84.

Before the bell: S&P futures +0.1%, Nasdaq futures +0.2%

European session: IFO data supported the euro

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