Investing.com - Accenture (NYSE:ACN) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Accenture announced earnings per share of $1.7 on revenue of $10.84B. Analysts polled by Investing.com anticipated EPS of $1.72 on revenue of $10.84B.
Accenture shares are up 9.54% from the beginning of the year, still down 6.91% from its 52 week high of $247.78 set on September 2. They are outperforming the S&P 500 which is up 0.19% from the start of the year.
Accenture follows other major Technology sector earnings this month
Accenture's report follows an earnings beat by Adobe on September 15, who reported EPS of $2.57 on revenue of $3.23B, compared to forecasts EPS of $2.41 on revenue of $3.16B.
Oracle had beat expectations on September 10 with first quarter EPS of $0.93 on revenue of $9.37B, compared to forecast for EPS of $0.86 on revenue of $9.17B.
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