Commercial PC Recovery Fails to Offset Rising Memory Costs! HP (HPQ.US) Lowers Fiscal Year Profit Upper Limit, Advance Demand May Exhaust Q4 Growth
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HP expects earnings per share after excluding restructuring costs and other items for the quarter ending in July to be between $0.61 and $0.71. Although the midpoint of this range, $0.66, is above the average estimate, data shows that some analysts have forecast as much as $0.73.
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