This may be a warning
https://www.barrons.com/articles/accenture-earnings-revenue-forecast-51655983392
On the other hand, everyone is missing forecasts now. Euro lost value to dollar, that's messing up earnngs/revenue forecasts.
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They will layoff en mass once the market turns downwards. I used to be on the calls in the Consulting practice (won't mention the specific group) in their largest revenue market, we would review each person, utilization and the clock. Unless the person is protected (even then that is limited), one bad quarter they will be axed. Look for a bunch of SOS emails coming from employees that have been given the warning trying to get staffed.
It really is just a temp job agency, fools stay there for a long time not realizing how much better real companies with real products are....look out to leave now on your terms if you can.
ACN is structured like a law firm.. when sh-t hits the fan, who do you think is gonna eat it ?
this is not good but it was mostly due to the currency rate changes.
look at the dollar and euro - it's almost 1:1
that's causing problems as a ton of projects in euros are worth less in dollars so the total dollar revenue amount is less.