HP Inc falls after annual profit forecast cut

** PC maker HP Inc's HPQ.N shares fall 15% to $23.10 after market

** Company cuts annual profit forecast to reflect moderated demand and impact of tariff costs

** HPQ sees fiscal 2025 adj profit between $3.00 and $3.30 per share, down from $3.45 to $3.75 per share; analysts expect profit of $3.49 per share, according to data compiled by LSEG

** "We are executing targeted mitigation strategies, and assuming current conditions remain, we expect to fully offset these costs by Q4" - CFO Karen Parkhill

** Company sees Q3 adj profit per share between 68 cents and 80 cents, vs est 90 cents

** Reports Q2 revenue of $13.22 billion, vs est $13.14 billion; posts adj EPS of 71 cents vs est 80 cents

** Company's shares down 16.6% YTD