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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Accenture Plc | NYSE:ACN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -2.25 | -0.74% | 300.91 | 303.01 | 299.68 | 302.00 | 5,224,953 | 01:00:00 |
From Nov 2023 to May 2024
By Adriano Marchese
Accenture reported better-than-expected profit and revenue in its first quarter of fiscal 2024.
The professional services company posted net income of $1.97 billion, or $3.10 a share, compared with $1.96, or $3.08 a share, in the same quarter a year ago.
Adjusted earnings were $3.27 a share. According to FactSet, analysts were expecting $3.14 a share.
Revenues 3% rose to $16.2 billion, just above analyst expectations of $16.17 billion. Accenture expected foreign exchange to have a bigger positive effect in the quarter, which came in at 1.5% compared with 2.5%, which it previously expected.
New bookings for the quarter were $18.45 billion, comprised of consulting bookings of $8.6 billion and managed services bookings of $9.8 billion.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
December 19, 2023 07:20 ET (12:20 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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