HP Beats Q1 Estimates But Earnings Outlook Is Light

By | February 21, 2014

Scalper1 News

Fueled by stronger-than-expected PC sales, Hewlett-Packard on Thursday posted first-quarter results that beat analyst estimates. However, its current-quarter earnings guidance lagged Wall Street expectations. The Q1 results were a positive sign for the global computer products company, which is slogging through a five-year restructuring effort launched in May 2012. Hewlett-Packard (HPQ) is trying to build up its enterprise, software and other Scalper1 News

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