Accenture (ACN) Surges After 'Very Strong' Q3 Results, Broadly Bullish Results Likely to Continue Driving Shares Higher Says Analyst

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Go back to Accenture (ACN) Surges After 'Very Strong' Q3 Results, Broadly Bullish Results Likely to Continue Driving Shares Higher Says Analyst

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

June 24, 2021 6:44 AM EDT

-- Revenues are $13.3 billion, an increase of 21% in U.S. dollars and 16% in local currency --

-- EPS are $2.40, a 26% increase --

-- Operating income increases 24% to $2.1 billion, with operating margin of 16.0%, an expansion of 40 basis points --

-- New bookings are $15.4 billion, a 39% increase in U.S. dollars from the third quarter last year, with consulting bookings of $8.0 billion and outsourcing bookings of $7.4 billion --

-- Company declares quarterly cash dividend of $0.88 per share, up 10% from a year ago... More