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Article: Compaq Raises Guidance for Fiscal 2002.
- Article from:
- PR Newswire
- Article date:
- January 25, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Compaq Computer Corporation , a leading global provider of enterprise technology and solutions, today provided financial guidance for fiscal year 2002 of $0.32 earnings per share, an increase of $0.07 from previous analyst consensus of $0.25 per share. The company made the announcement at its regularly scheduled financial analyst meeting in New York City.
"Clearly, Compaq's fourth quarter showed continued customer acceptance. Our focus on execution in 2001 -- particularly with regard to operating improvements -- provides Compaq with tremendous financial leverage in 2002 that will yield earnings per share growth," said Jeff Clarke, Compaq's chief ...