Hewlett-Packard Reiterates Forecasts That Show Growth
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Hewlett-Packard Co., the biggest computer maker, held to profit and sales forecasts that analysts said may be hard to replicate as it searches for a successor to Mark Hurd, who left as chief executive officer this month.
Profit, excluding some costs, will be $1.25 to $1.27 a share in the period that ends in October, Hewlett-Packard said in a statement today. Revenue will be $32.5 billion to $32.7 billion. Those figures match preliminary forecasts issued Aug. 6, the day the company announced Hurd’s departure.