Accenture Stock Falls After Q3 Earnings - Here's Why
Portfolio Pulse from Anusuya Lahiri
Accenture's Q3 FY23 revenue grew 3% YoY to $16.57 billion, slightly beating the consensus of $16.56 billion. Adjusted EPS of $3.19 surpassed the consensus of $3.04. However, the company's stock fell 5.49% in premarket trading.
June 22, 2023 | 12:15 pm
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Accenture's Q3 revenue and EPS beat consensus, but stock falls 5.49% in premarket trading.
Accenture's Q3 revenue and EPS beat consensus estimates, indicating a strong financial performance. However, the stock price fell in premarket trading, possibly due to investors' concerns about future growth or other factors not directly related to the earnings report.
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