Business consulting services provider Accenture plc. (NYSE: ACN) reported higher earnings and revenues for the third quarter of 2022. The results also beat Wall Street’s estimates.
Third-quarter net income increased to $1.79 billion or $2.79 per share from $1.55 billion or $2.40 per share in the corresponding period of last year. Analysts had predicted slower growth for the latest quarter.
At $16.2 billion, revenues were up 22% year-over-year and above the consensus forecast. There was a 10% increase in new bookings during the three-month period.
Check this space to read management/analysts’ comments on Accenture’s Q3 report
“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,” said Julie Sweet, chief executive officer of Accenture.
Stocks you may like:
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,