HP Inc. Gives Bullish 2018 Earnings Guidance

HP Inc. (HPQ) gave upbeat 2018 earnings guidance late Thursday, sending shares of the PC-and-printer maker higher.

HP expects to earn $1.74 to $1.84 a share in fiscal 2018, which ends in October. The $1.79 midpoint is above the consensus for $1.75 according to Zacks Investment Research.

HP Inc., which split from Hewlett Packard Enterprise (HPE) in late 2015, is gaining market share in PCs, expects 2018 free cash flow of at least $3 billion. HP says it'll return 50%-75% of that via dividends...

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