Hewlett-Packard Company (HPQ) Reports Q1 Adj-EPS of $1.36; Guides Q2, FY11

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Hewlett-Packard Company (NYSE: HPQ) reported Q1 EPS of $1.36, $0.07 better than the analyst estimate of $1.29. Revenue for the quarter came in at $32.3 billion versus the consensus estimate of $32.95 billion.

Hewlett-Packard Company sees FY11 EPS of $5.20-$5.28, versus the consensus of $5.24.

Hewlett-Packard Company sees Q2 EPS of $1.19-$1.21, versus the consensus of $1.25. Hewlett-Packard Company sees Q2 revenue of $31.4-$31.6 billion, versus the consensus of $32.6 billion.

UPDATE: Click here to see some highlights from HP's Q1 conference call.

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