Updates
** Shares of Accenture ACN.N rise 4.6% to $204.07
** ACN reports Q2 revenue of $18.04 billion, beating analysts' avg est of $17.84 billion, according to data compiled by LSEG
** Forecasts Q3 revenue to between $18.35 billion and $19.0 billion, the mid point of which is below analysts' estimates of $18.72 billion
** Co expects a 1% revenue hit in fiscal 2026 from reduced federal spending
** As of last close, stock down ~27% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))