Accenture plc (ACN) PT Raised to $450 at Wedbush Following EPS

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Accenture Reports Very Strong First-Quarter Results and Raises Business Outlook for Fiscal 2022 

December 16, 2021 6:44 AM EST

-- Revenues are $15.0 billion, an increase of 27% in both U.S. dollars and local currency --

-- EPS are $2.78, a 20% increase from $2.32 for the first quarter last year, which included $0.15 in gains on an investment; excluding these gains, EPS are up 28% from adjusted EPS of $2.17 in the first quarter last year --

-- Operating income increases 29% to $2.43 billion, with operating margin of 16.3%, an expansion of 20 basis points --

-- New bookings are a record $16.8 billion, a 30% increase in both U.S. dollars and local currency from the first... More