Accenture Jumps 7% on Upbeat Forecast Despite Earnings Miss: Does AI Growth Make ACN a BUY?

By |2024-06-20T18:04:51+00:00June 20th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Accenture (ACN) delivered fiscal Q3 results Thursday morning right before the market opened, and despite a miss on the top and bottom lines, the company’s forecast for the road ahead was enough to send shares nearly 7% higher. Revenue for the third quarter was disappointing at just $16.47 billion, narrowly below the $16.53 billion [...]