Accenture (ACN.US) stock jumped at one point more than 10% during today's session after the IT consulting company posted better-than-expected quarterly results. Accenture earnings for the quarter ended Nov. 30 rose 20% to $2.78 on an adjusted basis, while revenue, including acquisitions jumped to 27% to $14.97 billion with more clients seeking its cloud and security services. Sales increased over 20% across the four biggest industry groups in Accenture’s customer base.
Meanwhile analysts expected earnings of $2.64 a share and revenue of $14.22 billion. Last year, the company reported earnings of $2.32, and revenue of $11.76 billion. Accenture also lifted its full-year revenue guidance to a range of 19% to 22% growth, up from 12% to 15% growth. Accenture raised its EPS outlook to a range of $10.32 to $10.60, from previous $9.90 to $10.18.
Accenture (ACN.US) stock launched today's session with a bullish price gap and hit fresh all-time high at $412.00 after which price pulled back. The upper limit of the ascending channel should act as the nearest support. Source: xStation5
Nervous sentiment around Seagate and the storage sector
Arm Holdings under regulatory pressure!
US Open: Waiting Mode Ahead of Nvidia Report
Market Wrap: Energy Makes a Comeback⚡Investors Fear a New Escalation in the Middle East💥
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
