Accenture trims profit margin forecast as spending grows; stock dives

Accenture trims profit margin forecast as spending grows; stock dives

6 years ago
Anonymous $gIi3-PxxKB

https://www.reuters.com/article/us-accenture-results/accenture-trims-profit-margin-forecast-as-spending-grows-stock-dives-idUSKBN1GY1BZ

Consulting services firm Accenture Plc trimmed its yearly forecast for profit margins, driving its stock down 6 percent on Thursday and overshadowing quarterly results that comfortably topped Wall Street targets.

Accenture trims profit margin forecast as spending grows; stock dives

Mar 22, 2018, 3:40pm UTC
https://www.reuters.com/article/us-accenture-results/accenture-trims-profit-margin-forecast-as-spending-grows-stock-dives-idUSKBN1GY1BZ >Consulting services firm Accenture Plc trimmed its yearly forecast for profit margins, driving its stock down 6 percent on Thursday and overshadowing quarterly results that comfortably topped Wall Street targets.