Accenture plc (ACN) PT Raised to $170 at Credit Suisse

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Go back to Accenture plc (ACN) PT Raised to $170 at Credit Suisse

Accenture Reports Very Strong Fourth-Quarter and Full-Year Fiscal 2018 Results

September 27, 2018 6:49 AM EDT

-- For the fourth quarter, revenues increase 11% in both U.S. dollars and local currency, to $10.1 billion; EPS are $1.58, a 7% increase; free cash flow is $1.9 billion --

-- For full fiscal year, revenues increase 14% in U.S. dollars and 10.5% in local currency, to $39.6 billion; GAAP EPS of $6.34 include $0.40 in charges related to tax law changes; excluding these charges, EPS are $6.74, a 14% increase from adjusted EPS of $5.91 in fiscal 2017; free cash flow is $5.4 billion --

-- New bookings are $10.8 billion for fourth quarter and $42.8 billion for full year --

--... More