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Accenture Earnings, Revenue Beat in Q2 -Breaking

by Mike Robinson

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© Reuters. In Q2, Accenture’s Earnings and Revenue Beat

Investing.com – Accenture (NYSE 🙂 announced Thursday that the second quarter ended with revenue exceeding analysts’ expectations.

Accenture posted earnings per share (EPS) of $2.54 on $15.05B in revenue. Investing.com polled analyst to predict EPS of 2.38 on revenue $14.62B.

Although Accenture shares have fallen 21.62% over the course of 2018, they are still below 22.15% of their 52 week high, $417.37 (December 29, 2021). They are under-performing the S&P 500 which is down 8.57% from the start of the year.

Other major Information Technology sectors report this month by Accenture

Accenture’s report comes after NVIDIA reported an earnings beat on February 16, reporting EPS $1.32 for revenue of $7.64B. This compares to NVIDIA forecasts of EPS $1.23 for revenue of $7.42B.

Broadcom beat all expectations with its first quarter earnings per share of $8.39 on $7.71 billion in revenue, as compared to the $8.13 forecasted for revenue of $7.61B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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