© Reuters Accenture Earnings Miss, Revenue Beats In Q3
Investing.com – Accenture (NYSE:) reported on Thursday third quarter that missed analysts’ forecasts and revenue that topped expectations.
Accenture announced earnings per share of $2.79 on revenue of $16.16B. Analysts polled by Investing.com anticipated EPS of $2.85 on revenue of $16.04B.
Accenture shares are down 30.91% from the beginning of the year, still down 31.38% from its 52 week high of $417.37 set on December 29, 2021. They are under-performing the S&P 500 which is down 21.11% 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 May 25, who reported EPS of $1.36 on revenue of $8.29B, compared to forecasts EPS of $1.3 on revenue of $8.12B.
Broadcom had beat expectations on May 26 with second quarter EPS of $9.07 on revenue of $8.1B, compared to forecast for EPS of $8.71 on revenue of $7.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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