Accenture falls on weak fourth quarter earnings

Filed under: Earnings reports, Forecasts, Bad news, Press releases, Market matters, Recession, Financial Crisis

Shares of Accenture (NYSE: ACN) are trading in the red in after hours trading today following the company's fiscal fourth quarter earnings release and a weaker than expected first quarter forecast.

For the quarter, the company reported that it had earnings of 39 cents per share. Excluding a previously disclosed restructuring charge, earnings were in line with analyst estimates for 63 cents per share for the quarter.

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Accenture falls on weak fourth quarter earnings originally appeared on BloggingStocks on Thu, 01 Oct 2009 18:20:00 EST. Please see our terms for use of feeds.

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