Accenture (ACN) Tops Q3 EPS by 3c, Raises FY11 and Q4 Guidance
Accenture (NYSE: ACN) reported Q3 EPS of $0.93, $0.03 better than the analyst estimate of $0.90. Net revenue for the quarter came in at $6.7 billion versus the consensus estimate of $6.43 billion. Gross sales totaled $7.2 billion.
Accenture sees FY2011 EPS of $3.36-$3.40, versus prior guidance of $3.22-$3.30 and the consensus of $3.27. The company also raised its FY11 sales growth estimate from 11%-14% to 14%-15%.
Q4 sales guidance was also raised from $6.4-$6.6 billion vs the consensus of $6.17 billion.
Accenture sees FY2011 EPS of $3.36-$3.40, versus prior guidance of $3.22-$3.30 and the consensus of $3.27. The company also raised its FY11 sales growth estimate from 11%-14% to 14%-15%.
Q4 sales guidance was also raised from $6.4-$6.6 billion vs the consensus of $6.17 billion.