Hewlett-Packard (HPQ) reported second quarter adjusted EPS of $0.87 after the bell Wednesday, which topped the consensus estimate of $0.81. The company expects to report third quarter adjusted EPS of $0.84 to $0.87 and between $3.50 and $3.60 for the full year 2013. The consensus estimates are for EPS of $0.84 and $3.49.
Hewlett-Packard gapped up sharply Thursday and climbed during the first 45 minutes of trade. The stock extended its gains going into the close and finished up by 3.63 at $24.86 on strong volume. Hewlett-Packard broke out past resistance and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.