HP beats analyst estimates
Strong sales in emerging markets boosted Hewlett-Packard's second-quarter earnings to $2.2 billion, or 87 cents a share, up 24 percent from a year earlier.
Revenue for the quarter rose 11 percent to $28.3 billion, the company said Tuesday.
Those figures beat analyst estimates of earnings per share of 85 cents and revenue of $28.1 billion, according to Thomson First Call.
Earnings excluding one-time items were $2.1 billion, or 80 cents a share.
HP forecast revenue for the third quarter to be about $27.3 billion to $27.4 billion and earnings per share excluding items … Read more