Accenture Lowers Fiscal-Year Revenue Guidance, Shares Tumble [Yahoo! Finance]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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Source: Yahoo! Finance
Recommended Stories Barrons.com Shares of Accenture were trading lower after the management consultant and tech company topped earnings estimates but issued weak guidance. For its fiscal second quarter ended Feb. 29, Accenture posted adjusted per-share earnings of $2.77, beating Wall Street's call for $2.66, according to FactSet. Revenue of $15.8 billion was slightly below the consensus estimate of $15.85 billion, and new bookings were $21.58 billion, falling 2% from the year-ago period. Reuters Accenture now expects full-year revenue growth in the range of 1% to 3%, from its earlier growth forecast of 2% to 5%. The firm has been grappling with sluggish demand for its IT and consulting services as high interest rates slam the brakes on an industry that benefited from breakneck growth during the pandemic. That has led the company to lay off employees, with Accenture set to book $450 million in severance-related costs this fiscal year after recording $1.1 billion the previous y
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- Darden Restaurants, Inc. (NYSE: DRI) had its "buy" rating re-affirmed by analysts at TD Cowen. They now have a $190.00 price target on the stock.MarketBeat
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DRI
Earnings
- 3/21/24 - Miss
DRI
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 144
- 4/9/24 - Form 4
- DRI's page on the SEC website