Hewlett-Packard Earnings Preview: Can This Streak Continue?
Hewlett-packard (NYSE:HPQ) will report earnings after markets close on Tuesday, May 21st. Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide.
Here is your Cheat Sheet to Hewlett-packard Earnings:
Earnings Expectations: Analysts expect earnings of $0.81 per share on revenues of $28.15 billion.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.84 and has not changed. For the current year, the average estimate is a profit of $3.49, which is better than the estimate ninety days ago.
Here’s how Hewlett-packard has been performing on an annual basis:
|Revenue ($) in millions||118,360||114,550||126,030||127,240||120,360|
|Diluted EPS ($)||3.25||3.14||3.69||3.32||-6.41|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||30,040||30,690||29,670||29,960||28,360|
|Diluted EPS ($)||0.73||0.80||-4.49||-3.488||0.63|
Hewlett-packard has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)