Shareholders, however, should not expect any quick fixes from new CEO Meg Whitman who makes her quarterly conference call debut after market close when HP reports its fiscal fourth-quarter results.
"Meg doesn't have to come out with a broad vision, it's too early - people don't expect it," explained Brian White, an analyst at Ticonderoga Securities. "
|HP CEO Meg Whitman will oversee the company's results after market close.|
"Probably the most important thing investors will be looking for is stability," added Charles King, president at research firm Pund-IT. "The company has been through a lot of turmoil over the last 12 months -- investors will be looking for a firm hand on the tiller."Barely two months after she replaced Leo Apotheker, Whitman has already nixed a controversial proposal to divest HP's PC business. Investors, however, still await a decision on WebOS software as well as Whitman's plans for long-term growth. Responding to a question posted on Facebook by TheStreet, Gene Kirby urged Whitman to make "definitive statements" about the future of each HP division. Another respondent, Joe Marinaro, called on the new CEO to re-energize HP's employees after a morale-sapping period in the company's history. There has also been investor chatter that Whitman may adjust HP's financial targets. "Expectations are that new CEO Meg Whitman will lower the bar to reset expectations," explained Shaw Wu, an analyst at Sterne Agee, in a note. "This makes sense coming in as the new CEO, but also as global macroeconomic conditions remain very challenging -- we have heard as low as $3 to $4 in EPS
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