Hewlett-Packard is scheduled to report fiscal fourth-quarter earnings Tuesday after the bell, but investors will not be looking at fundamentals, according to Dan Ives, technology analyst at FBR Capital Markets.
"This quarter is not about fundamentals, it's more of a 'clean up' quarter," Ives said. In particular, he said, investors will look for clues about how the company is doing after spinning off its enterprise business and creating two publicly traded companies on Nov. 2: HP Enterprise and HP Inc.
Tuesday's fourth quarter statement will be the last time the two units report together.
Analysts polled by Reuters expect HP Inc — which includes the company's personal systems and printing business — to report earnings per share of 45 cents a share on revenue of $12.86 billion.