Accenture (ACN) Raises 2022 EPS Outlook to $10.61-$10.81, Hikes Revenue Growth Projections

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Accenture Reports Very Strong Second-Quarter Results and Raises Revenue and EPS Outlook for Fiscal 2022

March 17, 2022 6:44 AM EDT

-- Revenues are $15.0 billion, an increase of 24% in U.S. dollars and 28% in local currency --

-- EPS are $2.54, a 14% increase from $2.23 for the second quarter last year, which included $0.21 in gains on an investment; excluding these gains, EPS are up 25% from adjusted EPS of $2.03 in the second quarter last year --

-- Operating income increases 25% to $2.06 billion, with operating margin of 13.7% --

-- Record new bookings of $19.6 billion are up 22% from the second quarter last year, with record bookings in both consulting and outsourcing of $10.9 billion and... More