|
 Shares of the company, which counts International Business Machines
Corp among its rivals, were down 3 percent at $77.15 in premarket
trading.
Accenture forecast first-quarter revenue of $7.55 billion-$7.80
billion.
Analysts on average were expecting $7.80 billion, according to
Thomson Reuters I/B/E/S.
The company said it expects $34 billion-$36 billion of new contracts
for the year ending August 2015 — largely below $35.88 billion in
the previous year.
The company forecast full-year profit of $4.74-$4.88 per share, less
than analysts' average estimate of $4.91 per share.
Accenture has faced pricing pressure amid sluggish business spending
in the last few quarters.
The company's net income rose to $760.2 million, or $1.08 per share,
in the fourth quarter ended Aug. 31 from $727.3 million, or $1.01
per share, a year earlier.
Net revenue increased to $7.78 billion from $7.09 billion.
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Analysts had expected a profit of 1.10 cents per share on revenue of
$7.6 billion.
(Reporting By Lehar Maan in Bangalore; Editing by Joyjeet Das)
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