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Accenture: Fiscal Q1 Earnings Snapshot

Accenture: Fiscal Q1 Earnings Snapshot

By AP News
Published - Dec 19, 2023, 06:54 AM ET
Last Updated - Dec 21, 2023, 11:49 AM EST

DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Tuesday reported fiscal first-quarter net income of $1.97 billion.

On a per-share basis, the Dublin-based company said it had profit of $3.10. Earnings, adjusted for non-recurring costs, were $3.27 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.14 per share.

The consulting company posted revenue of $16.22 billion in the period, falling short of Street forecasts. Nine analysts surveyed by Zacks expected $16.23 billion.

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