Wednesday, February 15, 2006

HP beats the Street

Wow these are some great numbers and they raised next quarters earnings expectations as well:

For the current quarter, HP said it expects a per-share profit before items of 47 cents to 49 cents per share on revenue of $22.4 billion to $22.6 billion.

On that basis, analysts expect a profit of 45 cents per share, on average, within a range of 42 cents to 49 cents per share, on revenue of $22.6 billion.

They also grew every revenue catagory in the company. It looks like CEO Mark Hurd is lightyears better then Carly Fiorina

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