Investing.com - Accenture reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.74 on revenue of $11.06B. Analysts polled by Investing.com forecast EPS of $1.72 on revenue of $11.07B. That compared to EPS of $1.58 on revenue of $10.15B in the same period a year earlier. The company had reported EPS of $1.93 on revenue of $11.1B in the previous quarter.
For the year, Accenture shares are up 35.36%, outperforming the S&P 500 which is up 20.51% year to date.
Accenture follows other major Technology sector earnings this month
On Wednesday, September 11, 2019, Oracle reported first quarter EPS of $0.81 on revenue of $9.22B, compared to forecasts of EPS of $0.81 on revenue of $9.29B.
Adobe earnings beat analyst's expectations on Tuesday, September 17, 2019, with third quarter EPS of $2.05 on revenue of $2.83B. Investing.com analysts expected EPS of $1.97 on revenue of $2.82B
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