Accenture beats profit estimates, cautious on FY revenue

(Reuters) - Accenture Plc beat analysts' second-quarter profit estimates on strength in its outsourcing business, but said full-year revenue growth would be below the midpoint of its previously forecast range of 5 to 8 percent. Outsourcing revenue rose 9 percent to $3.3 billion in the quarter, while consulting revenue fell by about 1 percent to $3.8 billion. Accenture's shares fell about 2 percent in premarket trading, after closing at $74.88 on the New York Stock Exchange on Wednesday. The company's stock has risen 5.5 percent since it reported results in December. ...

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