Accenture’s results beat Street, shares rise

Accenture Plc (ACN.N) reported earnings that beat Wall Street estimates and it raised its annual earnings forecast, sending its shares higher in after-hours trading. It was found that Revenue rises 21 percent. Also Its shares rose 2.5 percent to $57.30 in after-market trading. According to Thomson-Reuters I/B/E/S, The company’s net income was 93 cents per share, which surpassed analysts’ average estimate of 90 cents per share.The company reports that its new bookings were $7.1 billion in the quarter, with $3.7 billion coming from consulting and rest coming from outsourcing services.

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UPDATE 2-Accenture’s results beat Street, shares rise