Hewlett-Packard just released its Q3 earnings report and we’re pouring through it now.
- EPS of $US0.88 ($US0.85 Estimated), so that’s a beat.
- $US25.3 billion in revenue versus $US25.44 billion expected, so that’s a slight miss.
This wasn’t expected to be a particularly cheery earnings report, as revenues for most of HP’s business units have been declining for a while.
Analysts had predicted this quarter will be another nearly 8% decline.