Close

UPDATE: Hewlett-Packard (HPQ) Reports In-Line Q4 EPS; Guides Q1, FY15 EPS

November 25, 2014 4:05 PM EST

(Updated - November 25, 2014 4:07 PM EST)

Hewlett-Packard (NYSE: HPQ) reported Q4 EPS of $1.06, in-line with the analyst estimate of $1.06. Revenue for the quarter came in at $28.4 billion versus the consensus estimate of $28.8 billion.

Fiscal 2014 fourth quarter segment results

  • Personal Systems revenue was up 4% year over year with a 4.0% operating margin. Commercial revenue increased 7% and Consumer revenue decreased 2%. Total units were up 5% with Desktops units down 2% and Notebooks units up 8%.
  • Printing revenue was down 5% year over year with an 18.1% operating margin. Total hardware units were down 1% with Commercial hardware units up 5% and Consumer hardware units down 4%. Supplies revenue was down 7%.
  • Enterprise Group revenue was down 4% year over year with a 14.8% operating margin. Industry Standard Servers revenue was down 2%, Storage revenue was down 8%, Business Critical Systems revenue was down 29%, Networking revenue was up 2% and Technology Services revenue was down 3%.
  • Enterprise Services revenue was down 7% year over year with a 6.8% operating margin. Application and Business Services revenue was down 6% and Infrastructure Technology Outsourcing revenue declined 7%.
  • Software revenue was down 1% year over year with a 31.1% operating margin. License revenue was up 2%, support revenue was down 1%, professional services revenue was down 5% and software-as-a-service (SaaS) revenue was flat.
  • HP Financial Services revenue was down 1% year over year with a 1% decrease in net portfolio assets and a 15% increase in financing volume. The business delivered an operating margin of 12.1%.

Sees Q1 EPS of $0.89 - $0.93, versus the consensus of $0.93.

Expects FY15 EPS of $3.83 - $4.03, while the Street is looking for $3.95.

For earnings history and earnings-related data on Hewlett-Packard (HPQ) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities

Earnings