< Return to Bulls pageCompany's earnings expectations exceed the street's
For the coming fiscal year, HP expects annual revenues to be between $113.5 and $114 billion compared to market expectations of $112 billion. Sequentially, Q2 revenue outlook of $27.7 to $27.9 billion is higher than market expectations of $27.5 billion.
HP has been focusing on building its presence in emerging markets. This is evident in its current quarter's results. Forty percent of the revenues were from U.S. markets, 43% from EMEA (Europe, the Middle East and Africa), and 17% from Asia Pacific. In the previous year, the Americas contributed 41%, EMEA 43%, and Asia Pacific 16%. Year-on-year, the highest growth was reported in the Asia Pacific segment with 22%, followed by EMEA growth of 15% and America’s 8%.[1]
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