HP (HPQ) Reports Preliminary Q4 Results; Guides Q1, Raises FY10 Outlook
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HP (NYSE: HPQ) reports preliminary Q4 EPS of $1.14, versus the consensus of $1.12, on sales of $30.8 billion, which compares to the Street estimate of $29.79 billion.
Sees Q1 sales of $29.6-$29.9 billion, versus the consensus of $29.2 billion, with adj-EPS of $1.03-$1.05, versus the consensus of $1.03.
Raises its FY10 sales guidance from $117-$118 to $118-$119 billion, versus the Street estimate of $118.10 billion. Adj-EPS for the year move from $4.20-$4.30 to $4.25-$4.35, versus the consensus of $4.28.
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