FILE PHOTO: A screen displays the logo for HP Inc. at the New York Stock Exchange in New York, U.S., November 18, 2019. REUTERS/Brendan McDermid/File Photo:HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market.
Shares of Palo Alto, California-based HP were up more than 2 per cent in trading after the bell. They have fallen roughly 2 per cent so far this year. "Our Future Ready plan is strengthening our core business, accelerating our expansion in services, building new operational capabilities, and improving our structural costs," said HP CEO Enrique Lores.
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