Accenture (ACN) Posts Q1 GAAP EPS of $1.28; Updates FY16 Revenue Growth Outlook
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Accenture Reports First-Quarter Fiscal 2016 Results
December 17, 2015 6:59 AM EST-- Revenues increase 1% in U.S. dollars and 10% in local currency to $8.0Â billion --
-- EPS are $1.28, including $0.07 negative impact from a higher tax rate of 29% in the quarter --
-- Operating income increases 3% to $1.22 billion, with operating margin of 15.2%, an expansion of 20 basis points --
-- New bookings are $7.7Â billion, with consulting bookings of $4.4Â billion and outsourcing bookings of $3.3Â billion --
-- Accenture updates business outlook for fiscal 2016: raises outlook for revenue growth to 6-9% in local currency; updates FX assumption; and confirms... More
