After the closing bell on Tuesday, Hewlett-Packard Company released its fourth quarter financial results. While earnings increased, revenue dipped.
Inside HPQ’s Q4 Results
Earnings
The company reported GAAP earnings of $1.3 billion, or 70 cents per share, down from $1.4 billion, or 73 cents per share, in the same quarter a year ago. Non-GAAP earnings were $2 billion, or $1.06 per share, compared to $2 billion, or $1.01 per share, last year. On average, analysts expected to see non-GAAP earnings of $1.06 per share
Revenue
Revenue came in at $28.4 billion, down 2% from $29.1 billion last year. Analysts expected to see revenue of $28.4 billion.
Outlook
Looking ahead, the company expects to see first quarter earnings between 89 cents and 93 cents per share. For FY2015, earnings are expected to be between $3.83 and $4.03 per share, which is in line with analysts’ view of $3.95 per share.
Mutual Funds to Watch
Investors seeking exposure to Hewlett-Packard Company without purchasing the stock may want to consider one of the following mutual funds as an alternative. Below are the mutual funds that currently hold the largest stake in Hewlett-Packard Company.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| DODGX | Dodge & Cox | 3.69% |
| DODFX | Dodge & Cox International Stock | 2.14% |
| VTSMX | Vanguard Total Stock Market Index | 1.67% |
The Bottom Line
The funds above may be a good alternative for investors that are interested in HPQ but are seeking additional exposure to other holdings and industries. Investors interested in HPQ may also be interested in Microsoft (MSFT), Intel (INTC) and International Business Machines (IBM).