Accenture (ACN) Tops Q1 EPS by 10c, Updates FY Guidance

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Go back to Accenture (ACN) Tops Q1 EPS by 10c, Updates FY Guidance

Accenture Reports Strong First-Quarter Fiscal 2019 Results

December 20, 2018 6:50 AM EST

-- Revenues increase 7% in U.S. dollars and 9.5% in local currency to $10.6 billion --

-- EPS are $1.96, a 9% increase --

-- Operating income increases 9% to $1.63 billion, with operating margin of 15.4%, an expansion of 20 basis points --

-- New bookings are $10.2 billion, with consulting bookings of $5.9 billion and outsourcing bookings of $4.3 billion --

-- Accenture updates business outlook for fiscal 2019, including narrowing its range for full-year revenue growth to 6-8% in local currency from 5-8% previously, and its range for EPS to $7.01-$7.25 from... More