Hewlett Packard Climbs Ahead Of Q1 Earnings, Guidance Could Be Crucial
Hewlett Packard (HPQ) is scheduled to report 1Q 2012 earnings after the closing bell on Wednesday, February 22. Results are typically available at 4:05 p.m. EST and will follow with a conference call at 5:00 p.m. HP shares have been climbing higher headed into the 1Q 2012 earnings release, despite escalating concerns on the competitive landscape and calls for the company to reinvent itself after a series of changes in the c-suite over recent years. But with Meg Whitman and a capable management team at the helm and an improved macroeconomic backdrop, HP is seen posting results and a forward outlook in-line with prevailing estimates. Investors will also keep a close eye on Dell for any clues ahead of the HP report.