KQEH Nightly Business Report February 23, 2012
encouraging and disappointing news from hewlett packard tonight. it announced better-than- expected earnings after the market close, but tom, it expects modest growth in the upcoming quarter. >> tom: susie, that's one reason shares slipped in after-hours trading. let's run down h.p.'s numbers. the company earned 92 cents in its fiscal first quarter, a nickel more than analyst estimates and down considerably from last year. there were two big disappointments, though. revenues fell 7% to $30 billion, lower than expectations. and susie, looking ahead, h.p. said earnings for the current ...