The company said it now expects earnings of $3 to $3.08 per share in fiscal 2011, a forecast for growth of 13%-16%. Its prior view was for growth of 12%-15%. Wall Street's current consensus calls for a profit of $2.92 a share in the year ending next August. Accenture took its semi-annual cash dividend up 20% to 45 cents a share. A big loser in extended trades was DynaVox ( DVOX), which was down almost 19% to $6.59 on volume of around 170,000. The move came after the Pittsburgh-based education software maker warned Wall Street that its fiscal first-quarter results would be weak and withdrew its outlook for the whole of fiscal 2011, citing soft demand "for both its speech generating devices and software products."
"During our fiscal fourth quarter conference call, we discussed the impact on our business of the challenges facing international economies and the pressures on U.S. state and school budgets," said Ed Donnelly, the company's CEO, in a statement. "Unfortunately, the impact of these factors on our fiscal first quarter results was more than we had anticipated." DynaVox said it plans to report its fiscal first-quarter results after the closing bell on Nov. 11. -- Written by Michael Baron in New York. >To contact the writer of this article, click here: Michael Baron. >To submit a news tip, send an email to: email@example.com