Hewlett Packard Q4 Meets Street Estimates, Top Line Falls Short - Video - TheStreet

Hewlett Packard Q4 Meets Street Estimates, Top Line Falls Short

Hewlett-Packard posted a fourth quarter profit of $1.06 a share on revenue of $28.4 billion. Wall Street analysts were looking for earnings of $1.06 on sales of $28.76 billion.
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Hewlett-Packard posted a fourth quarter profit of $1.06 a share on revenue of $28.4 billion. Wall Street analysts were looking for earnings of $1.06 on sales of $28.76 billion. Last year, the tech giant earned $1.01 per share on $29.13 billion in sales. As for details, personal systems revenue was up 4% year over year with a 4% operating margin. Printing revenue was down 5% year over year with an 18.1% operating margin. Enterprise Services revenue was down 7% year over year with a 6.8% operating margin. Software revenue was down 1% year over year with a 31.1% operating margin. HP Financial Services revenue was down 1% year over year. TheStreet's Gregg Greenberg has details from New York.