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Dow Surges Over 100 Points; Accenture Posts Upbeat Earnings
DowDow(US:DOW) Benzinga·2025-06-20 14:14

Company Performance - Accenture Plc reported third-quarter earnings of $3.49 per share, exceeding the analyst consensus estimate of $3.31 [2] - The company achieved sales of $17.7 billion, slightly above the analyst consensus estimate of $17.30 billion, with an 8% increase in U.S. dollars and a 7% increase in local currency [2] - Accenture narrowed its fiscal year 2025 revenue growth outlook to 6%-7% in local currency, up from a prior range of 5%-7% [3] - The company forecasts diluted earnings for 2025 to be between $12.77 and $12.89 per share, compared to the previous estimate of $12.55-$12.79 and the consensus of $12.75 [3] Market Movements - Wheeler Real Estate Investment Trust, Inc. shares surged 159% to $8.85 following the announcement of a 1-for-7 reverse stock split [9] - Dragonfly Energy Holdings Corp. shares increased by 74% to $0.3796 after a 6% gain on Wednesday [9] - Innovative Eyewear, Inc. shares rose 73% to $3.9502 after announcing a partnership with Smartech Retail Group [9] - Nature Wood Group Limited shares dropped 59% to $2.2950 after a previous surge of over 142% [9] - Moleculin Biotech, Inc. shares fell 48% to $0.3040 due to a $5.9 million public offering announcement [9] - Regencell Bioscience Holdings Limited shares decreased by 48% to $32.99 after a decline of over 18% on Wednesday [9]