5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and…
Suddenly, Amazon Doesn't Love Its Moms AnymoreJust watching CNBC and saw that Hewlett-Packard Co. (NYSE:HPQ) had just reported fourth-quarter financial results:
- $0.68 earnings per share, analysts were expecting $0.64.
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Revenue was up 6% to $24.6 billion, the Street forecast $24.1 billion
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Operating income $1.9 billion
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Inventories climbed from $7.4 billion last quarter to $7.75 billion this quarter
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Guidance: 60-62 cents non-GAAP EPS, somewhat lower from Street's expectations
Revenue beat estimates by $500 million. Mark Hurd's cost cutting measures seem to have worked. Good profitability with expanding operating margins. Guidance is a concern.
Key drivers: Profitability and year-to-year growth in the computers, printers and services.
Shares are up a little in after-hours.
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