>>> HP beats by $0.06, misses on revs; guides Q3 EPS in-line

HP beats by $0.06, misses on revs; guides Q3 EPS in-line
(17.13
 
+0.04) 
  • Reports Q2 (Apr) earnings of $0.51 per share, excluding non-recurring items, $0.06 better than the S&P Capital IQ Consensus of $0.45; revenues fell 11.2% year/year to $12.47 bln vs the $12.78 bln S&P Capital IQ Consensus.
  • Co issues in-line guidance for Q3 (Jul), sees EPS of $0.39-0.45, excluding non-recurring items, vs. $0.45 S&P Capital IQ Consensus.
  • Co is not providing full year guidance.