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Thursday, October 10, 2024
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HomeTechAccenture forecasts annual revenue below estimates

Accenture forecasts annual revenue below estimates

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(Reuters) – Accenture forecast annual revenue below Wall Street estimates on Thursday, as ongoing reductions in enterprise spending continue to weigh on the professional services sector.

The company said it expects to report annual revenue growth between 3% and 6%, the midpoint of which was below the analysts’ average estimate of a 5.9% growth, according to LSEG data.

(Reporting by Rishi Kant in Bengaluru; Editing by Janane Venkatraman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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