HP to report fiscal 4Q earns

0
15

SAN FRANCISCO (AP) — Hewlett-Packard Co.’s fiscal fourth quarter earnings report, coming after the market closes Monday, will cover the first period with former eBay Inc. CEO Meg Whitman at the helm.

Investors will be watching for any signs of deterioration in the $40 billion-plus PC business, which HP was debating selling or spinning off but decided to keep, and any commentary on the future of the WebOS software for mobile devices.

HP is one of the world’s biggest technology companies — and one of the most dysfunctional, with constant management drama.

Analysts polled by FactSet expect that HP earned $1.13 per share, excluding items, on $32.05 billion in revenue. The fiscal fourth quarter ended Oct. 31.

In the same period last year, HP earned $1.33 per share, excluding items, on $33.28 billion in revenue.