Accenture latest results announced

Accenture (ACN) reported its latest financial results before the market open in the US on Thursday.

The Irish-American professional services company reported revenue of $16.159 billion for the third quarter of fiscal 2022 vs. $16.04 billion expected.

Earnings per share missed analyst expectations for the quarter at $2.79 per share vs. $2.86 per share estimate.

”Our very strong financial results for the third quarter reflect continued broad-based demand across markets, services, and industries, and the continued recognition of the outstanding talent of our 710,000 people. We continue to gain significant market share, and our services have never been more relevant as our clients turn to us as the trusted partner for the solutions they need to accelerate growth and become more resilient and efficient,” Julie Sweet, CEO of the company said in a press release after the earnings announcement.

Accenture (ACN) chart

Shares of Accenture were down by around 1% during the trading day on Thursday at $282.45 per share.

Here is how the stock has performed in the past year:

• 1 Month -3.00%
• 3 Month -13.07%
• Year-to-date -31.78%
• 1 Year -3.01%

Accenture price targets

• Deutsche Bank $364
• Cowen & Co. $330
• Baird $340
• Morgan Stanley $390
• RBC Capital $435
• Goldman Sachs $386
• Barclays $455

Accenture is the 52^nd largest company in the world with a market cap of $179.21 billion.

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Sources: Accenture, TradingView, MarketWatch, Benzinga, CompaniesMarketCap