~OT~ Lee:...HWP's stock is up over 90% since last October....Here is another review of their performance...FYI...
zdii.com
Some highlights....
<<Hewlett-Packard (NYSE: HWP) gained in after-hours trading Wednesday after the company reported first quarter results ahead of analyst forecasts.
After market close Wednesday, the technology hardware and services company reported fiscal first quarter net income of $794 million, or 80 cents, from continuing operations excluding one-time events. First Call's survey of 23 analysts predicted a earnings per share of 78 cents for the quarter ended Jan. 31.
Including charges related to the spinoff of Agilent Technologies (NYSE: A) and stock option compensation, HP earned 77 cents per share.
Shares of HP traded as high as 132 in after hours activity following the earnings report. The stock moved up 4 5/8 to 129 3/8 in Wednesday's regular trading. HP's share price has risen 93 percent since late October.
First quarter revenue rose to $11.67 billion, a 14 percent gain from $10.24 billion in the year ago period. Computing systems revenue increased to 15 percent to $5.13 billion, imaging and printing sales gained 13 percent to $5.14 billion and services rose 14 percent to $1.62 billion.
"We delivered excellent results overall, particularly in terms of revenue growth," said Carly Fiorina, president and CEO. "This progress reaffirms the strategic choices we're making, and we're pleased with the market reaction to our accelerating pace.">>
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IMO, It's clearly 'an expectations game'....Invest in the companies that can consistently surprise and delight their stakeholders and you'll often come out ahead <G>...
Best Regards,
Scott |
