Accenture (ACN) Q3 Earnings & Revenues Miss Estimates

Accenture plc (ACN) has reported lower-than-expected third-quarter fiscal 2024 results.ACN’s earnings (excluding 8 cents from non-recurring items) of $3.1 per share missed the Zacks Consensus Estimate marginally and decreased 1.9% from the year-ago quarter. Total revenues of $16.5 billion missed the consensus estimate by a slight margin and declined on a year-over-year basis.Revenues in DetailBased on the type of work, Managed Services revenues of $8 billion increased 2% from the year-ago quarter on a repor ...