Accenture (NYSE:ACN) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Accenture announced earnings per share of $1.9 on revenue of $10.99B. Analysts polled by anticipated EPS of $1.86 on revenue of $10.73B.
Accenture shares are down 4.15% from the beginning of the year , still down 6.72% from its 52 week high of $216.39 set on February 19. They are outperforming the S&P 500 which is down 5.59% year to date.
Accenture follows other major Technology sector earnings this month
Accenture's report follows an earnings beat by Adobe on June 11, who reported EPS of $2.45 on revenue of $3.13B, compared to forecasts EPS of $2.32 on revenue of $3.16B.
Salesforce.com had beat expectations on May 28 with first quarter EPS of $0.7 on revenue of $4.87B, compared to forecast for EPS of $0.69 on revenue of $4.85B.
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