DUBLIN (AP) — DUBLIN (AP) — Accenture PLC (ACN) on Thursday reported fiscal fourth-quarter earnings of $1.37 billion.
The Dublin-based company said it had net income of $2.15 per share. Earnings, adjusted for non-recurring costs, came to $2.71 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.62 per share.
The consulting company posted revenue of $15.99 billion in the period, which did not meet Street forecasts. Nine analysts surveyed by Zacks expected $16.07 billion.
For the year, the company reported profit of $6.87 billion, or $10.77 per share. Revenue was reported as $64.11 billion.
For the current quarter ending in November, Accenture said it expects revenue in the range of $15.85 billion to $16.45 billion. Analysts surveyed by Zacks had expected revenue of $16.22 billion.
The company expects full-year earnings in the range of $11.97 to $12.32 per share.
Accenture shares have increased 18% since the beginning of the year, while the S&P's 500 index has risen 11%. The stock has increased 23% 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