Accenture (ACN) Tops Q3 EPS by 7c, Offers Q4 and FY Guidance

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Accenture Reports Strong Third-Quarter Fiscal 2018 Results

June 28, 2018 6:50 AM EDT

-- Revenues increase 16% in U.S. dollars and 11% in local currency to $10.3 billion --

-- EPS of $1.60 include a $0.19 charge related to tax law changes; excluding this charge, EPS are $1.79, up 18% from adjusted EPS of $1.52 in the third quarter last year --

-- Operating income is $1.62 billion, up 18% from adjusted operating income of $1.38 billion in the third quarter last year; operating margin is 15.7%, an expansion of 20 basis points from adjusted operating margin of 15.5% in the third quarter last year --

-- New bookings are $11.7 billion, with consulting bookings of $5.9 billion... More