Accenture Plunges 5% After Q4 Earnings Report
<p><a href='https://financialmodelingprep.com/financial-summary/ACN'>Accenture (NYSE:ACN)</a> shares dropped more than 5% intra-day today after the company released its Q4 results and provided guidance for its full fiscal year.</p>
<p>The company reported an EPS of $2.71, surpassing the Street estimate of $2.66. However, the revenue for the quarter came in slightly below expectations at $15.99 billion, compared to the Street estimate of $16.07 billion. </p>
<p>Looking forward, Accenture offered guidance for 2024, projecting an EPS range of $11.97 to $12.32. This is slightly lower than the Street forecast of $12.46. Additionally, for fiscal year 2024, Accenture anticipates revenue growth in the range of 2% to 5%.</p>
<p>For the first quarter of fiscal 2024, the company expects revenues to fall within the range of $15.85 billion to $16.45 billion.</p>

NYSE:ACN