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Accenture EPS beats by $0.15, beats on revenue; raises full year outlook

Seeking Alpha2021-12-16

  • Accenture(NYSE:ACN): FQ1 GAAP EPS of $2.78beats by $0.15.
  • Revenue of $14.97B (+27.3% Y/Y)beats by $750M.
  • Operating income increases 29% to $2.43B, with operating margin of 16.3%, an expansion of 20 basis points.
  • New bookings are a record $16.8B, a 30% increase in both U.S. dollars and local currency from the first quarter last year, with record consulting bookings of $9.4B and outsourcing bookings of $7.4B.
  • Q2 Outlook:Revenue of $14.30 billion to $14.75 billion vs. the consensus of $14.08B, an increase of 22% to 26% in local currency, reflecting the company’s assumption of a negative 4% foreign-exchange impact compared with the second quarter of fiscal 2021.

  • Accenture raises its business outlook for fiscal 2022; now expects full-year revenue growth of 19% to 22% in local currency (prior 12-15% Y/Y revenue growth) vs. consensus growth of 13.67%; EPS of $10.32 to $10.60 vs. consensus of $10.13; and free cash flow of $7.7 billion to $8.2 billion.

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  • JoshuaLiew
    ·2021-12-16
    Ok can can 
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  • Huatkor
    ·2021-12-16
    Great
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  • Saxophone
    ·2021-12-16
    hehexd
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  • claratan
    ·2021-12-16
    Wow 
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  • UnknownTD
    ·2021-12-16
    pls like 
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    • YewKhoon
      Done
      2021-12-16
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    • Mumaizah
      pls like
      2021-12-16
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  • 4XKEYQ
    ·2021-12-16
    Wow
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    • thatsy
      To the moon!
      2021-12-16
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    • Torres87
      ok
      2021-12-16
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  • WuM
    ·2021-12-16
    Like and comment pls!
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    • UnknownTD
      ok
      2021-12-16
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    • 4XKEYQ
      Done
      2021-12-16
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  • Ljoney
    ·2021-12-16
    Nice
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    ·2021-12-16
    Ho
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    ·2021-12-16
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  • WBT13
    ·2021-12-16
    👍
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