Hewlett-Packard Company (HPQ) Set to Announce Earnings on Wednesday
Hewlett-Packard Company (NYSE:HPQ) will be posting its Q314 quarterly earnings results on Wednesday, August 20th. Analysts expect Hewlett-Packard Company to post earnings of $0.89 per share and revenue of $27.00 billion for the quarter. Hewlett-Packard Company has set its Q3 guidance at $0.86-0.90 EPS and its FY14 guidance at $3.63-3.75 EPS.Investors interested in registering for the company’s conference call can do so using this link.
Hewlett-Packard Company (NYSE:HPQ) last announced its earnings results on Thursday, May 22nd. The company reported $0.88 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.88. The company had revenue of $27.30 million for the quarter, compared to the consensus estimate of $27.41 billion. During the same quarter last year, the company posted $0.87 earnings per share. Hewlett-Packard Company’s revenue was down 1.0% compared to the same quarter last year. On average, analysts expect Hewlett-Packard Company to post $3.72 EPS for the current fiscal year and $3.91 EPS for the next fiscal year.
Hewlett-Packard Company (NYSE:HPQ) opened at 35.34 on Tuesday. Hewlett-Packard Company has a one year low of $20.25 and a one year high of $36.21. The stock has a 50-day moving average of $34.78 and a 200-day moving average of $32.59. The company has a market cap of $66.134 billion and a price-to-earnings ratio of 12.34.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Monday, September 8th.
A number of research firms have recently commented on HPQ. Analysts at S&P Equity Research initiated coverage on shares of Hewlett-Packard Company in a research note on Monday. They set a “hold” rating and a $2.62 price target on the stock. On a related note, analysts at Monness Crespi & Hardt upgraded shares of Hewlett-Packard Company from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $40.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Hewlett-Packard Company in a research note on Friday, July 18th. They now have a $36.00 price target on the stock. Twelve research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $31.87.
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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