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Accenture misses quarterly revenue estimates

FILE PHOTO: Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona
FILE PHOTO: Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona

(Reuters) - Accenture Plc <ACN.N> missed Wall Street estimates for quarterly revenue on Thursday, hurt by a drop in reimbursable travel revenue it earned from clients.

Total revenue fell 2% to $10.84 billion in the quarter ended August 31, missing analysts' estimate of $10.91 billion, according to IBES data from Refinitiv.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Krishna Chandra Eluri)