Accenture (ACN) Tops Q3 EPS by 18c, Offers Guidance

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Accenture Reports Strong Third-Quarter Fiscal 2023 Results

June 22, 2023 6:44 AM EDT

-- Revenues are $16.6 billion, an increase of 3% in U.S. dollars and 5% in local currency --

-- GAAP operating margin is 14.2% compared to 16.1% in the third quarter of fiscal 2022; adjusted1 operating margin is 16.3%, an expansion of 20 basis points --

-- Very strong GAAP EPS of $3.15, a 13% increase compared to $2.79 in the third quarter of fiscal 2022; adjusted EPS of $3.19, a 14% increase --

-- New bookings are $17.2 billion, an increase of 2% in U.S. dollars and 4% in local currency --

-- Free cash flow is... More