March 17, 2022
(Reuters) -IT consulting firm Accenture Plc said on Thursday its operations could be adversely impacted if the Russia-Ukraine conflict escalates, as the sanctions on Moscow increase the level of economic and political uncertainty.
Accenture forecast third-quarter revenue above Wall Street estimates, but it excluded the impact of the war.
The company said its forecast did not include “assumptions for a significant escalation or expansion of economic disruption or the conflict’s current scope.”
Shares of the Dublin, Ireland-based company rose nearly 5% in premarket trading. The stock has fallen nearly 22% so far this year.
Earlier this month, Accenture said it was discontinuing business in Russia…