H-P’s Earnings Top Views Despite Revenue Drop-Say What?

Hewlett-Packard Co. on Thursday reported a 7% drop in revenue for the April quarter, hurt by declines in all its major segments, and issued downbeat earnings guidance for the current quarter.

The headline above says it all about this market...revenues miss but earnings beat on buybacks and accounting.

Party On!

Posted to Options & Volatility on May 21, 2015 — 6:05 PM

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