RTTNews | Dec 16, 2021 11:06AM EST

11:06 Thursday, December 16, 2021 (RTTNews.com) - Shares of IT company Accenture Plc (ACN) are up 8 percent on Thursday's trading after the company lifted its earnings and revenue outlook for fiscal 2022.

For full year 2022, Accenture raised revenue outlook and now expects revenue growth to be in the range of 19% to 22%, compared with 12% to 15% previously. Analysts see revenue growth of 13.7% for the year.

The company also raised its EPS outlook for the full-year to the range of $10.32 to $10.60, from $9.90 to $10.18 previously. The consensus estimate stands at $9.01.

Currently at $406.24, the stock has traded between $241.73 and $414.74 during the past 52 weeks.

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