What Can Investors Expect From Hewlett-Packard Earnings Tomorrow?
Nov 25th 2013 9:00PM
Updated Nov 25th 2013 9:02PM
PC giant Hewlett-Packard reports earnings tomorrow, and there's a lot for investors to watch for. Shares have been rallying ever since Hewlett-Packard hosted its analyst meeting last month and offered reassuring guidance for fiscal 2014. The consensus estimates call for nearly $28 billion in revenue and $1 in earnings per share this quarter.
CEO Meg Whitman has acknowledged the many challenges HP faces going forward and believes that 2014 will be the company's pivotal year. Results from printing peers suggest that Hewlett-Packard's printing business may face headwinds. Investors may also look for clues on how Project Moonshot is faring in the data center, while HP could also be losing share in enterprise storage to NetApp and EMC.
In this segment of Tech Teardown, Erin Kennedy discusses Hewlett-Packard's upcoming earnings report with Evan Niu, CFA, our tech and telecom bureau chief.
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The article What Can Investors Expect From Hewlett-Packard Earnings Tomorrow? originally appeared on Fool.com.Neither Erin Kennedy nor Evan Niu, CFA, has a position in any stocks mentioned. The Motley Fool recommends and owns shares of Intel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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