Accenture Q4 Adj. EPS $2.71 Beats $2.66 Estimate, Sales $15.98B Miss $16.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Accenture (NYSE:ACN) reported Q4 adjusted earnings of $2.71 per share, beating the analyst consensus estimate of $2.66 by 1.88%. This is a 4.23% increase from the same period last year. However, the company's quarterly sales of $15.98 billion missed the analyst consensus estimate of $16.07 billion by 0.53%, though it's a 3.64% increase from last year.
September 28, 2023 | 10:46 am
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Accenture's Q4 earnings beat estimates but sales missed, indicating mixed performance. This could lead to short-term volatility in the stock price.
Accenture's earnings beat and sales miss could lead to mixed reactions from investors, potentially causing short-term volatility in the stock price. While the earnings beat is a positive sign, the sales miss could raise concerns about the company's revenue growth.
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