Accenture (ACN) Tops Q2 EPS by 20c

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Accenture (ACN) Reports Q2 EPS of $2.69, Revenues of $15.81B, $22.1B Bookings

March 23, 2023 6:46 AM EDT

-- Record new bookings are $22.1 billion, a 13% increase in U.S. dollars and 17% increase in local currency from the second quarter last year, with consulting and managed services bookings of $10.7 billion and $11.4 billion, respectively --

-- GAAP EPS are $2.39 compared to $2.54 in the second quarter of fiscal 2022; adjusted1 EPS are $2.69, an increase of 6% --

-- GAAP operating margin is 12.3% compared to 13.7% in the second quarter of fiscal 2022; adjusted operating margin is 13.8%, an expansion of 10 basis points --

-- Company declares quarterly cash dividend of $1.12 per share, up 15% from a year ago... More