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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Hewlett-packard has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)