Tough Crowd: Hewlett-Packard Faces Analysts Today

Hewlett-Packard(HWP Quote) may face a tough crowd today.

The Hewlett-Packard File

Operations

1999 Revenue: $48.8 billion

1999 Earnings Per Share: $1.73

2000 Estimated Earnings Growth: 14%

Stock Snapshot

52-Week Range: $30.50 - 69

Stock at Tuesday's Close: $35

Percentage Change from Jan. 1: - 28%

Market Cap: $65.8 billion

P/E Multiple: 19.1

Shares Outstanding: 2 billion

Source: Morningstar, Thomson Financial/Baseline

The PC maker will hold its annual meeting for analysts and shareholders to discuss the past year and the outlook for the next. Given that the past year has included an unexpected earnings shortfall, a slowdown in PC sales, an unusual and aborted bid for PricewaterhouseCoopers' consulting business and a stark stock decline, CEO and President Carly Fiorina and other top execs are likely to face hard questions about whether this fiscal year can be any better. ...