Accenture (ACN) reported earnings and revenue above estimations but lowered the guidance for 2020, taking into consideration the impact of coronavirus pandemic. This review in the guidance was largely expected and just reinforces the devastating potential effect of ongoing virus pandemic in the coming months and also the uncertainties regarding the developments that lie ahead.
On the bright side, I see that Accenture can benefit from the necessary changes in business operation toward a virtualized work environment. On top of that, based on Accenture’s solid financial figures, I remain confident to have this company as