HP (HPQ) Guides FY10 Sales, EPS, Cash Flow; Stock Selling-Off
HPQ Hot Sheet
Revenue Growth %: -2.9%Financial Fact:
Diluted (in dollars per share): 0.93
Today's EPS Names:
TARO, BRLI, TLB, More
Hewlett-Packard's (NYSE: HPQ) sees FY10 operating cash flow of $13 billion, with FY10 sales of $117-$118 billion. The Street is currently looking for FY10 sales of $118.04 billion. Sees FY10 non-GAAP EPS of $4.20-$4.30, versus the consensus of $4.25.
Taking a look some of Hewlett-Packard's units:
Sees PC sales rising 3-5% during FY10 and operating margin for the segment 4.5%-5%.
Sees Printing sales flat to up 2%, with an operating margin in the range of 15-17%.
Sees Services sales up 2-4%.
Sees Storage, Server sales up 2-4%.
Sees Software sales up 7-9%.
Shares of Hewlett have fallen about a percent in this evening's after-hours session on the guidance. The stock most recently traded at $46.45.
Notably, Hewlett's CEO, Mark Hurd, also made some comments at this analyst meeting.
Taking a look some of Hewlett-Packard's units:
Sees PC sales rising 3-5% during FY10 and operating margin for the segment 4.5%-5%.
Sees Printing sales flat to up 2%, with an operating margin in the range of 15-17%.
Sees Services sales up 2-4%.
Sees Storage, Server sales up 2-4%.
Sees Software sales up 7-9%.
Shares of Hewlett have fallen about a percent in this evening's after-hours session on the guidance. The stock most recently traded at $46.45.
Notably, Hewlett's CEO, Mark Hurd, also made some comments at this analyst meeting.
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