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Hewlett-Packard Co Issues Q2 2013 EPS Guidance Above Analysts' Estimates; Reaffirms FY 2013 EPS Guidance


Thursday, 21 Feb 2013 04:04pm EST 

Hewlett-Packard Co announced that for the second quarter of 2013, it estimates non-GAAP diluted EPS to be in the range of $0.80 to $0.82 and GAAP diluted EPS to be in the range of $0.38 to $0.40. Second quarter 2013 non-GAAP diluted EPS estimates exclude after-tax costs of approximately $0.42 per share, related primarily to the amortization of purchased intangible assets, restructuring charges and acquisition-related charges. For fiscal 2013, the Company estimates a non-GAAP diluted EPS to be in the range of $3.40 to $3.60 and GAAP diluted EPS to be in the range of $2.30 to $2.50, in line with HP's previously communicated outlook. Fiscal 2013 non-GAAP diluted EPS estimates exclude after-tax costs of approximately $1.10 per share, related primarily to the amortization of purchased intangible assets, restructuring charges and acquisition-related charges. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.77 for the second quarter of 2013. 

Company Quote

35.61
-0.5 -1.38%
31 Jul 2014