UPDATE: Accenture (ACN) Reports Q2 EPS of $1.73, Updates Guidance

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Accenture Reports Very Strong Second-Quarter Fiscal 2019 Results and Raises Business Outlook for Fiscal 2019

March 28, 2019 6:50 AM EDT

-- Revenues increase 5% in U.S. dollars and 9% in local currency to $10.5 billion --

-- EPS are $1.73, compared with $1.37 for the second quarter last year, which included a $0.21 charge; on an adjusted basis, EPS increased 9% from $1.58 in the second quarter last year --

-- Operating income increases 7% to $1.39 billion, with operating margin of 13.3%, an expansion of 20 basis points --

-- Record new bookings of $11.8 billion include consulting bookings of $6.7 billion and outsourcing bookings of $5.1 billion --

-- Company declares semi-annual cash dividend of $1.46 per share, a 10%... More