The News Tribune (Lite) - Unlike most of tech sector, Hewlett-Packard hangs on to beat expectations

TheNewsTribune.com
Section: Business

Unlike most of tech sector, Hewlett-Packard hangs on to beat expectations

THE NEWS TRIBUNE
Hewlett-Packard Co. surprised Wall Street on Tuesday by saying its earnings will be slightly above analysts’ expectations, going against the grain as other technology bellwethers have slashed forecasts and posted weak results in the sagging economy.

HP forecast revenue of $33.6 billion, just ahead of analysts’ expectations of $33.09 billion.

The company plans to release full quarterly results Nov. 24.