HP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-powered PCs. The company also raised its full-year adjusted earnings forecast. Strong demand for AI PCs lifted third-quarter revenue, while rising memory chip costs remained a key challenge for the laptop maker.
HP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-powered PCs. The company also raised its full-year adjusted earnings forecast. Strong demand for AI PCs lifted third-quarter revenue, while rising memory chip costs remained a key challenge for the laptop maker.
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