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JoshuaLiew
2021-12-16

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

Accenture(NYSE:ACN): FQ1 GAAP EPS of $2.78beats by $0.15. Revenue of $14.97B (+27.3% Y/Y)beats by $7

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

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raises full year outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1158795725","media":"Seeking Alpha","summary":"Accenture(NYSE:ACN): FQ1 GAAP EPS of $2.78beats by $0.15.\nRevenue of $14.97B (+27.3% Y/Y)beats by $7","content":"<ul>\n <li>Accenture(NYSE:ACN): FQ1 GAAP EPS of $2.78beats by $0.15.</li>\n <li>Revenue of $14.97B (+27.3% Y/Y)beats by $750M.</li>\n <li>Operating income increases 29% to $2.43B, with operating margin of 16.3%, an expansion of 20 basis points.</li>\n <li>New bookings are a record $16.8B, a 30% increase in both&nbsp;U.S.&nbsp;dollars and local currency from the first quarter last year, with record consulting bookings of $9.4B and outsourcing bookings of $7.4B.</li>\n <li><p><b>Q2 Outlook:</b>Revenue of&nbsp;$14.30 billion to $14.75 billion&nbsp;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.</p></li>\n <li>Accenture raises its business outlook for fiscal 2022; now expects full-year revenue growth of 19% to 22% in local currency (prior&nbsp;12-15% Y/Y revenue growth)&nbsp;vs. consensus growth of&nbsp;13.67%; EPS of $10.32 to $10.60 vs. consensus of $10.13; and free cash flow of $7.7&nbsp;billion to $8.2&nbsp;billion.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Accenture EPS beats by $0.15, beats on revenue; raises full year outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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