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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 |
By Dean Seal
Shares of Accenture declined after the company reported a 10% drop in bookings for its fiscal fourth quarter and projected lower adjusted earnings for fiscal 2024 than analysts had expected.
The stock was down 5% at $298.90 in premarket trading. When the market closed Wednesday, shares had risen 18% year-to-date.
The professional-services company said Thursday morning that earnings fell in the quarter ended Aug. 31 as bookings fell 10%.
For the next fiscal year, Accenture is projecting adjusted earnings, which strip out one-time items, of $11.97 to $12.32 a share. Analysts polled by FactSet had been expecting adjusted earnings of $12.38 a share.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 28, 2023 08:22 ET (12:22 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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