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These Analysts Slash Their Forecasts On Accenture After Q3 Results

Accenture Plc (NYSE:ACN) reported downbeat third-quarter earnings results on Thursday. The company posted sales of $16.47 billion compared with the analyst consensus of $16.55 billion, down 1% Y/Y in U.S. dollars and up by 1.4% in local currency.  Revenues were slightly above the midpoint of the company’s guided range of $16.10 billion – $16.70 billion. Adjusted EPS of $3.13 missed the analyst consensus of $3.15, according to data from Benzinga Pro. Julie Sweet, chair and CEO, Accenture, said, "We also achieved two significant milestones this quarter — with $2 billion in Generative AI sales year-to-date and $500 million in revenue year-to-date — which demonstrate our early lead ...