June 25, 2020 / 10:54 AM / 18 days ago

Accenture beats quarterly revenue estimates

June 25 (Reuters) - IT consulting firm Accenture Plc beat analysts’ estimates for third-quarter revenue on Thursday, as investments in growing digital and cloud services businesses paid off.

Revenue was down nearly 1% to $10.99 billion, edging past average analysts’ estimate of $10.87 billion, according to IBES data from Refinitiv.

Net income attributable to the company fell to $1.23 billion, or $1.90 per share, in the quarter ended May 31, from $1.25 billion, or $1.93 per share, a year earlier. (Reporting by Neha Malara; Editing by Subhranshu Sahu)

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