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Accenture shares rise on earnings beat |
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| Jun 25, 2009 11:10 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Earnings reports, Stocks to Buy Accenture Ltd. (NYSE: ACN), a global consulting firm that also offers outsourcing and technology services, reported earnings after the close today. Earnings per share for the quarter ending May 31 were $0.68 on $5.15 billion in revenue, compared to the $0.64 average and $0.67 high expected from analysts. The consensus revenue target was $5.2 billion, and results were hurt by currency translation effects, which reduced U.S. dollar results by 12%. Year-over-year, EPS was down 8% from the $0.74 earned in the same quarter last year, with the difference again attributable to currency exchange. Shares, which were up fractionally today, jumped almost 5% in after-hours trading following the earnings results. Continue reading Accenture shares rise on earnings beat Accenture shares rise on earnings beat originally appeared on BloggingStocks on Thu, 25 Jun 2009 18:10:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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