Accenture revenue forecast falls short, shares slip [Reuters]
Accenture plc Class A Ordinary Shares (Ireland) (ACN)
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am
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Source: Reuters
Accenture revenue forecast falls short, shares slip | Reuters 3 Min Read (Reuters) - Accenture Plc ( ACN.N ) forecast second-quarter revenue below analysts’ estimates and said concerns about slowing global growth continue to persist, sending its shares down more than 5 percent. The consulting and outsourcing services provider, which gets about half of its revenue from outside the United States, said its revenue forecast included a hit from a stronger dollar. Chief Executive Officer Pierre Nanterme also flagged macro-economic uncertainties and said the traditional IT services model was under pressure, but added that clients were reallocating money to digital and cloud services. Strong growth in digital, cloud and security-related services business, which the company calls it “the New”, helped Accenture beat first-quarter revenue and profit estimates. “The shares are down primarily on more macro concerns with doubts around what happens to revenue growth rate in the next months if ther
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ACN
Earnings
- 3/21/24 - Beat
ACN
Sec Filings
- 4/24/24 - Form 13F-HR
- 4/22/24 - Form 4
- 4/19/24 - Form 144
- ACN's page on the SEC website