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Accenture PLC
ACN reported a drop in its fourth-quarter profit.
Accenture's quarterly net income fell to $578.3 million, or $0.88 per share, from $611.9 million, or $0.91 per share, in the year-ago quarter.
Its net revenue gained 2% to $6.84 billion. However, analysts were expecting a profit of $0.87 per share on net revenue of $6.75 billion.
Accenture declared a semi-annual dividend of $0.81 per share, up 67.5 cents per share.
For the full fiscal year, Accenture's net income rose to $2.55 billion, or $3.84 per share, from $2.28 billion, $3.39 per share, in the year-ago period. Its net revenue climbed to $27.86 billion from $25.51 billion.
Accenture projects current fiscal-year earnings of $4.22 to $4.30 per share, versus analysts' estimates of $4.17 per share.
Accenture shares gained 3.84% to $67.89 in after-hours trading.
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