Accenture (ACN) Tops Q1 EPS by 9c, Offers Q2 and FY Guidance

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Accenture Reports Strong First-Quarter Fiscal 2020 Results

December 19, 2019 6:45 AM EST

-- Revenues increase 7% in U.S. dollars and 9% in local currency to $11.4 billion --

-- EPS are $2.09, a 7% increase --

-- Operating income increases 8% to $1.77 billion, with operating margin of 15.6%, an expansion of 20 basis points --

-- New bookings are $10.3 billion, with consulting bookings of $6.0 billion and outsourcing bookings of $4.3 billion --

-- Company declares quarterly cash dividend of $0.80 per share, a 10% increase over the equivalent quarterly rate last year --

-- Accenture updates business outlook for fiscal... More