Accenture stock dips on slashed full-year outlook

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Shares of Accenture (ACN) are trading lower Thursday morning following the company's decision to cut its full-year revenue forecast. The move comes on the...

) are trading lower Thursday morning following the company's decision to cut its full-year revenue forecast. The move comes on the heels of Accenture reporting mixed second quarter earnings results. While the company missed analyst estimates for revenue, coming in at $15.8 billion against expectations of $15.82 billion, it surpassed adjusted earnings per share expectations.Trending ticker that we are watching here at Yahoo Finance and that's Accenture.

And so that considered, you've got the managed services revenue that was higher by about 3%.

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Accenture cuts its annual revenue forecastShares of the company fell around 5% in premarket trading. Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast ...
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