Boston, MA, 07/01/2013 (financialstrend) – Inspite of delivering good profit and beating Wall Street’s expectations, the revenue expectations of Accenture Plc (NYSE:ACN) came up short which had decreased by 5.8 percent to $7.20 billion compared to the last year’s quarter consensus estimate which was $7.42 billion. Accenture Plc (NYSE:ACN)’s quarterly revenue was up by 6 percent on a Year over Year basis. Analysts predict the Earnings per share of $4.28 for the current fiscal year. The Net profit margin for this quarter was 15.84 percent compared to 9.49 percent for the last year. Accenture Plc (NYSE:ACN) has got an employee strength of 2, 57,000 across the globe.
Shares of Accenture Plc (NYSE:ACN) which opened at $71.80 had declined by 10.30 percent to end up the day at $71.96 per share on Friday. The decline in the shares of Accenture Plc (NYSE:ACN) is about $8.26 per share for the day. The price range of Accenture Plc (NYSE:ACN) varied from as low as $69.0 to a peak value of $72.25. The 52 week low of Accenture Plc (NYSE:ACN) is $55.34 and the high value was $84.22.
Trading volume of the shares of Accenture Plc (NYSE:ACN) for last Friday was 28.29 million shares which was very huge when compared to the average trading volume of 2.58 million shares. The total outstanding shares of Accenture Plc (NYSE:ACN) is 681.98 million shares which accounts for a huge market capitalization of $49.08 billion for Accenture Plc (NYSE:ACN). The institutional investors of Accenture Plc (NYSE:ACN) contribute for around 78% of the total outstanding shares.
Accenture Plc (NYSE:ACN) provides management consulting, technology and outsourcing services. Accenture Plc (NYSE:ACN) is spread across nineteen industry groups and five operating groups namely communications, media and technology, financial services, health and public service, products and resources, serving the clients worldwide. Accenture Plc (NYSE:ACN) acquired Nokia Siemens Networks Internet Protocol television (IPTV) business, avVenta Worldwide and Change Track Research Pty Ltd.
