ReutersReuters

Accenture rises as fourth-quarter revenue beats estimates

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** Shares of IT consulting firm Accenture ACN up 2% at $244 premarket

** Posts Q4 rev of $17.60 billion vs ests of $17.36 billion, according to data compiled by LSEG

** Expects FY26 adj. earnings per share of between $13.52 and $13.90 vs ests of $13.77

** Plans to expand its workforce in FY26 and has initiated a six-month business optimization program where it expects to record a related charge of $865 million

** Accenture has proposed setting up a new campus in India, aiming to add about 12,000 jobs to its workforce in the country, Reuters reported exclusively earlier this week

** Up to last close, stock had fallen 32% YTD

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