- Love This
- Yahoo Mail
- Facebook Messenger
- Copy Link
Investing.com – Accenture (NYSE:ACN) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Accenture announced earnings per share of $2.17 on revenue of $11.76B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $11.29B.
Accenture shares are up 17.51% from the beginning of the year, still down 2.55% from its 52 week high of $253.93 set on December 1. They are outperforming the S&P 500 which is up 14.56% 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 November 18, who reported EPS of $2.91 on revenue of $4.73B, compared to forecasts EPS of $2.58 on revenue of $4.42B.
Adobe had beat expectations on December 10 with fourth quarter EPS of $2.81 on revenue of $3.42B, compared to forecast for EPS of $2.66 on revenue of $3.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar