DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Thursday reported fiscal fourth-quarter earnings of $1.41 billion.
The Dublin-based company said it had net income of $2.25 per share. Earnings, adjusted for non-recurring costs, were $3.03 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.98 per share.
The consulting company posted revenue of $17.6 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $17.33 billion.
For the year, the company reported profit of $7.68 billion, or $12.15 per share. Revenue was reported as $69.67 billion.
Accenture expects full-year earnings in the range of $13.52 to $13.90 per share.
Accenture shares have dropped 32% since the beginning of the year, while the S&P’s 500 index has increased 13%. The stock has declined 30% 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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