Its preliminary results for the fourth quarter of its fiscal year ended October 30. To be above expectations with sales up 19% through the acquisition of EDS last May. Without the integration of computer services group in its scope, HP is experiencing a growth of 5% of its business in one year.
At the same time, earnings per share (GAAP data) is 0.84 dollars against 0.81 a year earlier. Excluding exceptional items, stood at 1.03 dollar, which is at the top of the range of forecasts for the group and beyond the expectations of analysts, who relied on $ 1.
For the next quarter (the first year of its 2008-2009) HP is optimistic and aims earnings per share between 0.80 and 0.82 dollar. It should emerge between 0.93 dollar matching estimates of analysts and 0.95 dollar excluding exceptional. For the full year, the group expects a profit before exceptional items of between 3.88 and 4.03 dollars per share, a range exceeding expectations.
Following the acquisition of EDS, HP announced in late September the elimination of nearly 25,000 jobs, half of the United States and more than 9,000 in the EMEA region (Europe, Middle East, Africa) within three years .
November 24 is that the group will publish its full results. Meanwhile, the action has jumped on Tuesday in the New York Stock Exchange, gaining 14.49% to 33.59 dollars.
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