Accenture (NYSE: ACN) raised its operating cash flow guidance for the full fiscal year, though it still missed the consensus estimates.

For the second quarter, Accenture reported EPS of $2.54, up from $2.23 in the year-ago period. Revenue came in at $15.05 billion, up 24% YoY and above analyst expectations of $14.66 billion. Bookings in the quarter reached $19.6 billion, beating the consensus of $17.6 billion.

For this quarter, Accenture expects revenue in the range of $15.7 billion to $16.15 billion, topping the analyst consensus of $15.13 billion.

The IT and consulting company now expects FY operating cash flow from $8.7 billion to $9.2 billion, compared to its previous guidance of $8.4 billion to $8.9 billion, though short of analyst expectations of $9.49 billion.

The company expects revenue growth between 24% and 26% for the year, up from previous outlook of 19-22%. The operating margin is expected to be 15.2%, compared to the previous range of 15.2% to 15.4%.

"Our outstanding second-quarter financial performance demonstrates continued strong, broad-based demand across all our markets, services and industries. We continue to take significant market share as clients increasingly turn to Accenture as the partner uniquely positioned to help them navigate today’s accelerating pace of change. Our core strength is the diversity of our business that enables us to digitally transform across the enterprise through the depth and breadth of our services,” said Julie Sweet, Chair and CEO of Accenture.

Accenture stock price is up 3.8% in pre-open Thursday.

By Senad Karaahmetovic | [email protected]