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News

Hewlett-Packard Company Beats on EPS, Misses on Revenues; Shares Tank (HPQ)

Jared Cummans Feb 24, 2015


After Tuesday’s closing bell, tech giant Hewlett-Packard Company (HPQ ) reported earnings results that disappointed investors.


HPQ’s Earnings in Brief


  • The company reported Q1 EPS of $0.92, topping analyst estimates of $0.91.
  • Revenues for the quarter came in at $26.8 billion, falling short of the Street’s expectation of $27.35 billion.
  • The company guided below analyst estimates for both Q2 2015 as well as FY 2015.


CEO Commentary


Chairperson, president, and CEO Meg Whitman had the following comments: “With the first quarter of fiscal 2015 now behind us, the HP turnaround remains on track. We grew operating profit margins across all of our major business segments, increased investment in innovation, and executed well across key areas of our portfolio and in our separation activities. Our progress continues as we head into Q2.”


HPQ’s Dividend


The company made no mention of its dividend in its earnings statement. The stock will pay out a dividend of $0.16 on 4/1/2015 to all shareholders on record as of 3/11/2015.


Stock Performance


Shares of HPQ were down more than 6% in after-hours trading as the revenue miss and low guidance spooked investors.

HPQ Dividend Snapshot

As of market close on February 24, 2015


HPQ dividend yield annual payout payout ratio dividend growth

Click here to see the complete history of HPQ dividends.


The Bottom Line


Hewlett-Packard (HPQ ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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