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 $2.78 on revenue of $14.97B. Analysts polled by Investing.com anticipated EPS of $2.63 on revenue of $14.17B.
Accenture shares are up 43.68% from the beginning of the year, still down 1.53% from its 52 week high of $381.15 set on December 13. They are outperforming the S&P 500 which is up 25.39% from the start of the year.
Accenture follows other major Information Technology sector earnings this month
Accenture's report follows an earnings beat by NVIDIA on November 17, who reported EPS of $1.17 on revenue of $7.1B, compared to forecasts EPS of $1.11 on revenue of $6.82B.
Oracle had beat expectations on December 9 with second quarter EPS of $1.21 on revenue of $10.36B, compared to forecast for EPS of $1.11 on revenue of $10.2B.
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