It reported income of $17.7 billion for the quarter ended Could 31, in contrast with analysts’ common estimate of $17.30 billion, in keeping with knowledge compiled by LSEG.
Shares of the corporate fell 2.6% in premarket buying and selling after Accenture mentioned new bookings decreased 6% to $19.7 billion within the third quarter.
The corporate is grappling with weak U.S. federal contracting surroundings because the Trump administration has slowed new contracts and minimize current agreements in a bid to scale back federal spending.
The corporate mentioned these modifications haven’t had a fabric affect on its operations or monetary situation.
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