Accenture (ACN) Tops Q4 EPS by 1c; Guides FY17
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Go back to Accenture (ACN) Tops Q4 EPS by 1c; Guides FY17
September 29, 2016 6:59 AM EDT
-- Fourth-quarter revenues increase 8% in U.S. dollars and 9% in local
currency, to $8.5Â billion; quarterly GAAP EPS of $1.68 include $0.37
from gains on the sale of businesses; excluding these gains, EPS are
$1.31, a 14% increase; free cash flow is $1.9Â billion --
-- For full fiscal year, revenues increase 6% in U.S. dollars and 10.5%
in local currency, to $32.9Â billion; GAAP EPS of $6.45 include $1.11
from gains on the sale of businesses; excluding these gains, EPS are
$5.34, an 11% increase from adjusted EPS of $4.82 in fiscal 2015; free
cash flow is $4.1 billion --
-- New bookings are $9.0Â billion for fourth... More
September 28, 2016 4:15 PM EDT
Salesforce-based application provides decisioning capabilities for
ensuring client best interest
NEW YORK--(BUSINESS WIRE)--
Accenture (NYSE: ACN) has introduced a new cloud-based solution,
Accenture Wealth Management Compliance Solution for Salesforce, designed
to help wealth management firms comply with the U.S. Department of
Labors fiduciary rule for advisers overseeing retirement accounts. The
rule, effective April 2017, provides that advisers may not receive
payments that create conflicts of interest.
The new solutionsupported by Accentures... More
