Accenture shares are trading lower after the company reported mixed Q4 financial results and issued FY24 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Accenture reported mixed Q4 financial results and issued FY24 adjusted EPS guidance below estimates, leading to a drop in its share price.
September 28, 2023 | 12:32 pm
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Accenture's lower-than-expected FY24 EPS guidance and mixed Q4 results have negatively impacted its stock price.
Accenture's stock price is likely to be negatively impacted in the short term due to the company's mixed Q4 results and lower-than-expected FY24 EPS guidance. These factors could lead to a decrease in investor confidence and a potential sell-off of the company's shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100