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Hewlett-Packard (HPQ) Reports In-Line Q3 EPS; Issues In-Line Q4 EPS Outlook

August 20, 2014 4:04 PM

(Updated - August 20, 2014 4:07 PM EDT)

Hewlett-Packard Company (NYSE: HPQ) reported Q3 EPS of $0.89, in-line with the analyst estimate of $0.89. Revenue for the quarter came in at $27.6 billion versus the consensus estimate of $27 billion.

"Overall, I'm very pleased with the progress we've made," said Meg Whitman, chairman, president and chief executive officer, HP. "When I look at the way the business is performing, the pipeline of innovation and the daily feedback that I receive from our customers and partners, my confidence in the turnaround grows stronger."

Segment results:

For the fiscal 2014 fourth quarter, HP estimates non-GAAP diluted net EPS to be in the range of $1.03 to $1.07. Consensus expectations call for $1.05.

For fiscal 2014, HP estimates non-GAAP diluted net EPS to be in the range of $3.70 to $3.74. The Street is at $3.72.

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

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