Accenture: Fiscal Q4 Earnings Snapshot

    DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Thursday reported fiscal fourth-quarter net income of $1.99 billion.

    The Dublin-based company said it had profit of $3.29 per share.

    The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.19 per share.

    The consulting company posted revenue of $18.68 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $18.02 billion.

    For the year, the company reported profit of $8.37 billion, or $13.56 per share. Revenue was reported as $74.18 billion.

    Accenture expects full-year earnings to be $14.39 to $14.81 per share.

    Accenture shares have fallen 32% since the beginning of the year, while the S&P’s 500 index has increased 12%. The stock has declined 26% in the last 12 months.

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    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACN at https://www.zacks.com/ap/ACN

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