DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Thursday reported fiscal first-quarter net income of $2.28 billion.
On a per-share basis, the Dublin-based company said it had net income of $3.59.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.38 per share.
The consulting company posted revenue of $17.69 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $17.16 billion.
Accenture expects full-year earnings to be $12.43 to $12.79 per share.
Accenture shares have decreased almost 1% since the beginning of the year, while the S&P’s 500 index has risen 23%. The stock has increased almost 2% in the last 12 months.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
