Hp Earnings Climb 30 Percent

Summary


SAN JOSE, Calif. - Hewlett-Packard Co.'s quarterly earnings jumped 30 percent and met Wall Street expectations Thursday, but analysts remained cautious about the company's ability to outperform technology giants such as Dell Inc. and IBM Corp.

For the three months ended Jan. 31, HP reported a profit of $936 million, or 31 cents per share, compared with $721 million, or 24 cents per share, in the same period last year.

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Hp Earnings Climb 30 Percent

Excluding special items, Palo Alto, Calif.-based HP earned $1.08 billion, or 35 cents per share. That compared with $877 million, or 29 cents per share, a year earlier. The resu...

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