Accenture (ACN) Tops Q1 EPS by 9c; Trims Outlook

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Go back to Accenture (ACN) Tops Q1 EPS by 9c; Trims Outlook

Accenture Reports Strong First-Quarter Fiscal 2017 Results

December 21, 2016 6:59 AM EST

-- Revenues increase 6% in U.S. dollars and 7% in local currency to $8.5 billion --

-- EPS are $1.58, a 23% increase, including $0.18 positive impact from a lower tax rate in the quarter --

-- Operating income increases 9% to $1.33 billion, with operating margin of 15.6%, an expansion of 40 basis points --

-- New bookings are $8.3 billion, with consulting bookings of $4.9 billion and outsourcing bookings of $3.4 billion --

-- Accenture confirms outlook for full-year revenue growth, operating margin, free cash flow and tax rate; updates EPS outlook to range of $5.64 to $5.87,... More