Hewlett Issues Updated Guidance (HPQ)

Shares of Hewlett Packard Co. HPQ are popping in the after-hours by 1.39%, currently trading at $42.20, after issuing better than expected earnings guidance. Shares closed the regular session higher by 0.87%, at $41.62. The company said it now sees FY 2011 Revenues of $131.5 to $133.5 billion, GAAP EPS of $4.35 to $4.45, Non-GAAP EPS of $5.05 to $5.15, operating margin at 11.6% to 11.8%, and operating cash flow at approximately $14 billion. Hewlett-Packard Company is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses and large enterprises, including customers in the government, health and education sectors.