HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8% in extended trading.

HP (HPQ) shares tumbled in extended trading Tuesday after the company's current-quarter outlook missed analysts' projections, despite better-than-expected results for the fiscal fourth-quarter. The personal computer and printing company saw fourth-quarter revenue grow 1.

HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.