DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Thursday reported fiscal second-quarter profit of $1.79 billion.
The Dublin-based company said it had profit of $2.82 per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.84 per share.
The consulting company posted revenue of $16.66 billion in the period, beating Street forecasts. Eight analysts surveyed by Zacks expected $16.58 billion.
Accenture expects full-year earnings to be $12.55 to $12.79 per share.
Accenture shares have decreased nearly 8% since the beginning of the year, while the S&P’s 500 index has increased 19%. The stock has dropped 14% in the last 12 months.
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