Hewlett-Packard Earnings Meet Wall Street Estimates
Hewlett-Packard reported earnings per share of 89 cents in line with Wall Street estimates, but topped analysts predictions on sales thanks to increased shipments of personal computers and notebooks. The company posted third-quarter revenue of $27.6 billion, up from $27.2 billion in the year-ago period. Still, third-quarter profit dropped 29%. HP shares fell in after-hours trading. Hewlett-Packard reported fiscal third-quarter results after the market closed on Wednesday.
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