Accenture (ACN) Tops Q1 EPS by 12c, Offers Outlook

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Go back to Accenture (ACN) Tops Q1 EPS by 12c, Offers Outlook

Accenture Reports Strong First-Quarter Fiscal 2018 Results

December 21, 2017 6:29 AM EST

-- Revenues increase 12% in U.S. dollars and 10% in local currency to $9.5 billion --

-- EPS are $1.79, a 13% increase --

-- Operating income increases 12% to $1.49 billion, with operating margin of 15.6% --

-- New bookings are $10.0 billion, with consulting bookings of $5.9 billion and outsourcing bookings of $4.0 billion --

-- Accenture updates business outlook for fiscal 2018, including narrowing its range for full-year revenue growth to 6-8% in local currency from 5-8% previously, and raising outlook for EPS to $6.48 to $6.66 from $6.36 to $6.60 previously; updated EPS range represents 10-13%... More