DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Thursday reported fiscal fourth-quarter profit of $1.68 billion.
The Dublin-based company said it had profit of $2.66 per share. Earnings, adjusted for non-recurring costs, came to $2.79 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.77 per share.
The consulting company posted revenue of $16.41 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $16.34 billion.
For the year, the company reported profit of $7.26 billion, or $11.44 per share. Revenue was reported as $64.9 billion.
For the current quarter ending in November, Accenture said it expects revenue in the range of $16.85 billion to $17.45 billion.
The company expects full-year earnings to be $12.55 to $12.91 per share.
Accenture shares have fallen roughly 4% since the beginning of the year, while the S&P’s 500 index has climbed 20%. The stock has increased slightly more than 6% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACN at https://www.zacks.com/ap/ACN
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