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Accenture (ACN) Tops Q4 EPS by 2c, Raises Buyback and Divided; Guides Below View

September 22, 2022 6:50 AM

Accenture (NYSE: ACN) reported Q4 EPS of $2.60, $0.02 better than the analyst estimate of $2.58. Revenue for the quarter came in at $15.4 billion versus the consensus estimate of $15.44 billion.

The company’s Board of Directors has approved $3.0 billion in additional share repurchase authority, bringing Accenture’s total outstanding authority to approximately $6.1 billion.

On Aug. 15, 2022, a quarterly cash dividend of $0.97 per share was paid to shareholders of record at the close of business on July 14, 2022. These cash dividend payments totaled $614 million, bringing dividend payments for the full year to $2.46 billion, compared with $2.24 billion in fiscal 2021.

GUIDANCE:

Accenture sees FY2023 EPS of $11.09-$11.41, versus the consensus of $12.00.

For earnings history and earnings-related data on Accenture (ACN) click here.

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Earnings Guidance

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