Why Accenture Stock Rocked Today
Shares of consulting company Accenture (NYSE: ACN) took off like a rocket Thursday morning and are up 8.6% as of 10:35 a.m. ET.
Accenture reported huge beats on the top and bottom lines in its earnings report for the fiscal first quarter of 2022 this morning. Instead of the $12.6 billion in revenue that analysts had projected, Accenture took in $15 billion in the quarter. Instead of analysts' projected $2.36 per share in profit, Accenture earned $2.78 per share.
Source Fool.com