Accenture (ACN) Tops Q2 EPS by 14c, Offers Q3 and FY Guidance

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Accenture Reports Very Strong Second-Quarter Results and Raises Business Outlook for Fiscal 2021

March 18, 2021 6:44 AM EDT

-- Revenues are $12.1 billion, an increase of 8% in U.S. dollars and 5% in local currency, approximately $140 million above the companys guided range, including a reduction of approximately 2 percentage points from a decline in revenues from reimbursable travel costs --

-- New bookings are a record $16.0 billion, a 13% increase from the second quarter last year, with record bookings in both consulting and outsourcing, at $8.0 billion each --

-- GAAP EPS are $2.23, a 17% increase from $1.91 for the second quarter last year, including gains on an investment of $0.21 and $0.07, respectively; excluding these... More