Accenture Earnings Miss, Revenue Beats In Q3

(C) Reuters Accenture Earnings Miss, Revenue Beats In Q3

Investing.com – Accenture (NYSE:ACN) reported on Thursday third quarter earnings 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’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

Accenture Earnings Miss, Revenue Beats In Q3

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