John Paczkowski

Recent Posts by John Paczkowski

HP on CEO Search: Hey, Check Out Our New Guidance

Hewlett-Packard kicked off its analyst day Tuesday not with a CEO announcement, but with a more upbeat financial forecast. For fiscal 2011, HP expects earnings between $5.05 and $5.15 a share on revenue of $131.5 billion to $133.5 billion. Wall Street had been looking for $4.99 a share on revenue of $131.4 billion. Great news for the company, which is clearly soldiering on despite its current leadership vacuum. That said, the big question today was not about financial outlook, but rather who will succeed ousted CEO Mark Hurd. And to that, HP doesn’t yet have an answer.