© Reuters. Accenture Earnings Beat, Revenue Misses In Q2
Investing.com – Accenture (NYSE:ACN) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Accenture announced earnings per share of $2.03 on revenue of $12.09. Analysts polled by Investing.com anticipated EPS of $1.89 on revenue of $11.8B.
Accenture shares are up 1.17% from the beginning of the year, still down 2.44% from its 52 week high of $270.87 set on December 17, 2020. They are under-performing the S&P 500 which is up 5.81% from the start of the year.
Accenture follows other major Technology sector earnings this month
Accenture's report follows an earnings beat by NVIDIA on February 24, who reported EPS of $3.1 on revenue of $5B, compared to forecasts EPS of $2.81 on revenue of $4.82B.
Broadcom had beat expectations on March 4 with first quarter EPS of $6.61 on revenue of $6.66B, compared to forecast for EPS of $6.56 on revenue of $6.62B.
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