Accenture plc Q2 Profit Decreases, but beats estimates

Accenture plc (ACN) announced earnings for second quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $1.53 billion, or $2.39 per share. This compares with $1.64 billion, or $2.54 per share, in last year's second quarter.

Excluding items, Accenture plc reported adjusted earnings of $1.74 billion or $2.69 per share for the period.

Analysts on average had expected the company to earn $2.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.0% to $15.81 billion from $15.05 billion last year.

Accenture plc earnings at a glance (GAAP) :

-Earnings (Q2): $1.53 Bln. vs. $1.64 Bln. last year.
-EPS (Q2): $2.39 vs. $2.54 last year.
-Analyst Estimates: $2.50
-Revenue (Q2): $15.81 Bln vs. $15.05 Bln last year.

Next quarter revenue guidance: $16.1 - $16.7 Bln
Full year EPS guidance: $11.41 - $11.63

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