Accenture: Fiscal Q3 Earnings Snapshot
DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Friday reported fiscal third-quarter net income of $2.2 billion.
The Dublin-based company said it had profit of $3.49 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.30 per share.
The consulting company posted revenue of $17.73 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $17.29 billion.
For the current quarter ending in August, Accenture said it expects revenue in the range of $17 billion to $17.6 billion.
The company expects full-year earnings to be $12.77 to $12.89 per share.
Accenture shares have fallen 13% since the beginning of the year, while the S&P's 500 index has increased roughly 2%. The stock has risen slightly in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACN at https://www.zacks.com/ap/ACN
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