HP Stock Tumbles on Disappointing Q1 Forecast

Group 1 - The company's shares fell 8% in extended trading after the current-quarter outlook missed analysts' projections, despite better-than-expected fiscal fourth-quarter results [1][4] - Fourth-quarter revenue increased by 1.7% year-over-year to $14.1 billion, exceeding analyst consensus [1] - Net income for the fourth quarter was$900 million, or 93 cents per share, compared to $1 billion, or 97 cents per share, a year ago, and above estimates [1] Group 2 - The Personal Systems division, which includes PCs, generated revenue of$9.6 billion, a 2% increase [2] - The Printing division reported revenue of $4.5 billion, which is 1$3.06 to $3.36 exceeded expectations [3] Group 4 - The company announced a 5% increase in its quarterly dividend to approximately 29 cents per share [4] - Despite the drop in shares, they were up 30% for the year through Tuesday's close [4]