Investing.com - Accenture (NYSE:ACN) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Accenture announced earnings per share of $2.54 on revenue of $15.05B. Analysts polled by Investing.com anticipated EPS of $2.38 on revenue of $14.62B.
Accenture shares are down 21.62% from the beginning of the year and are trading at $324.91 , down-from-52-week-high.They are under-performing the S&P 500 which is down 8.57% from the start of the year.
Accenture follows other major Information Technology sector earnings this month
Accenture's report follows an earnings beat by NVIDIA on Wednesday, February 16, 2022, who reported EPS of $1.32 on revenue of $7.64B, compared to forecasts EPS of $1.23 on revenue of $7.42B.
Broadcom had beat expectations on Thursday, March 3, 2022 with first quarter EPS of $8.39 on revenue of $7.71B, compared to forecast for EPS of $8.13 on revenue of $7.61B.
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