Hold up wait a minute!!! This company missed, on already lowered revenues.
Hi guys... this company missed, check it out: The company earned 87 cents per share on an operating basis during the second quarter on revenue of $27.6 billion.
HP had expected earnings of 81 cents a share on revenue of just over $28 billion, according to the average estimate of analysts polled by Thomson Reuters I/B/E/S.
HP expected earnings of 81 cents on 28 billion... But they earned 87 cents on revenue of 27.6 billion...Sorry guys but this company missed we do not round up on earnings sorry.
So another miss today Target and HP... tommorrow it will fall.