Accenture vs. Automatic Data Processing: Comparing Quarterly Revenue Trends
Accenture's quarterly revenue is over three times larger, yet both companies show remarkably stable patterns.
Overview
Accenture (NYSE:ACN) and Automatic Data Processing (NASDAQ:ADP) have been consistent performers for many years. Both companies’ annual revenue continues to grow, although at single-digit rates.
As artificial intelligence (AI) becomes an opportunity for these companies to expand their revenue potential through new services, investors should monitor how this technology affects their revenue growth going forward.
Details
Accenture primarily generates revenue by delivering a wide array of strategy, consulting, technology, and operations services worldwide.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.