=Accenture (ACN) reported earnings on Thur 22 June 2017 (b/o)

Accenture (ACN) said Thursday that adjusted fiscal third-quarter earnings were $1.52 a share, up 7% from a year ago and in-line with views, with revenue rising 5% to $8.87 billion, above consensus estimates. A year earlier, Accenture earned $1.41 a share on sales of $$8.43 billion. Analysts expected Accenture to report profit of $1.52 a share on sales of $8.82 billion for the period ended April 30.

Shares in the Dublin-based global tech consulting and services company fell 1.2% in early trading in the stock market today.

In the current quarter, Accenture said it expects revenue in a range of $8.85 billion to $9.10 billion, up from $8.49 billion a year earlier, slightly above consensus estimates of $8.93 billion.

Accenture cut its full-year GAAP operating margin target to 13.3% from 13.5%-13.7%. However, excluding a pension settlement charge, Accenture sees adjusted operating margin of 14.8%, in line with its 14.7%-14.9% forecast.