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Accenture tops earnings estimates

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Earnings per share were three cents higher than expected at 115 cents.

Business consultancy Accenture (NYSE:ACN) marginally topped forecasts with its fiscal fourth quarter earnings.

Analysts had penciled in a figure of US$1.12 for earnings per share (EPS), but the firm reported EPS of US$1.15, up from US$1.08 in the same quarter of last year.

Net income in the three months to the end of August came in at US$778.6mln, versus US$744.7mln the year before.

Revenue rose to US$1.89bn from US$7.78bn.

Shares edged up 22 cents to US$97.89 in a falling market, and are up 9.6% year-to-date.


Quick facts: Accenture

Price: 210.24 USD

NYSE:ACN
Market: NYSE
Market Cap: $133.64 billion
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