Investing.com - Accenture (NYSE:ACN) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.72 on revenue of $10.45B. Analysts polled by Investing.com expected EPS of $1.57 on revenue of $10.3B. That compared to EPS of $1.58 on revenue of $9.59B in the same period a year earlier. The company had reported EPS of $1.96 on revenue of $10.61B in the previous quarter.
Accenture shares gained 4.73% to trade at $174.37 in intra-day trade following the report.
Accenture shares gained 4.73% to trade at $174.37 in intra-day trade following the report.
For the year, Accenture shares are up 23.66%, outperforming the S&P 500 which is up 13.41% year to date.
Accenture follows other major Technology sector earnings this month
On Thursday, March 14, 2019, Oracle reported third quarter EPS of $0.87 on revenue of $9.61B, compared to forecasts of EPS of $0.84 on revenue of $9.58B.
Adobe earnings beat analyst's expectations on Thursday, March 14, 2019, with first quarter EPS of $1.71 on revenue of $2.6B. Investing.com analysts expected EPS of $1.62 on revenue of $2.55B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar