Hewlett-Packard Company (HPQ) Scheduled to Post Quarterly Earnings on Thursday
Hewlett-Packard Company (NYSE:HPQ) will announce its earnings results on Thursday, May 22nd. Hewlett-Packard Company has set its Q2 guidance at $0.85-0.89 EPS and its FY14 guidance at $3.60-3.75 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Hewlett-Packard Company (NYSE:HPQ) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.90 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.84 by $0.06. The company had revenue of $28.20 billion for the quarter, compared to the consensus estimate of $27.19 billion. On average, analysts expect Hewlett-Packard Company to post $3.71 EPS for the current fiscal year and $3.85 EPS for the next fiscal year.
Hewlett-Packard Company (NYSE:HPQ) opened at 32.80 on Wednesday. Hewlett-Packard Company has a 1-year low of $20.25 and a 1-year high of $33.90. The stock has a 50-day moving average of $32.54 and a 200-day moving average of $29.50. The company has a market cap of $62.160 billion and a price-to-earnings ratio of 12.13. Hewlett-Packard Company also saw unusually large options trading activity on Monday. Investors purchased 39,405 call options on the company. This represents an increase of 377% compared to the average volume of 8,264 call options.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, July 2nd. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Monday, June 9th. This is a boost from Hewlett-Packard Company’s previous quarterly dividend of $0.15.
A number of research firms have recently commented on HPQ. Analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of Hewlett-Packard Company in a research note on Tuesday. On a related note, analysts at Brean Capital raised their price target on shares of Hewlett-Packard Company from $34.00 to $40.00 in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Pacific Crest upgraded shares of Hewlett-Packard Company from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, April 29th. They now have a $37.00 price target on the stock. Fourteen analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $31.55.
Hewlett-Packard Company (NYSE:HPQ) is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the Government, health and education sectors.
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