Accenture (ACN) Tops Q2 EPS by 4c

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Accenture Reports Strong Second-Quarter Fiscal 2017 Results

March 23, 2017 6:59 AM EDT

-- Revenues increase 5% in U.S. dollars and 6% in local currency to $8.3 billion --

-- EPS are $1.33; operating income increases 5% to $1.14 billion, with operating margin of 13.7% --

-- New bookings are $9.2 billion, with consulting bookings of $4.6 billion and outsourcing bookings of $4.6 billion --

-- Company declares semi-annual cash dividend of $1.21 per share, a 10% increase over the prior year --

-- Accenture updates business outlook for fiscal 2017, including narrowing its range for full-year revenue growth to 6-8% in local currency, compared with 5-8% previously --

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