Accenture plc - Ordinary Shares - Class A

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Share Repurchases, Other Pre-Announcement

Accenture Reports Fourth-Quarter And Full-Year Fiscal 2020 Results In Line With Expectations

Published: 09/24/2020 10:56 GMT
Accenture PLC (ACN) - Accenture Reports Fourth-quarter and Full-year Fiscal 2020 Results in Line With Expectations.
Q4 Earnings per Share $1.70 Excluding Items.
Q4 GAAP Earnings per Share $1.99.
Q4 Earnings per Share Estimate $1.73 -- Refinitiv Ibes Data (analyst estimates).
Sees FY 2021 GAAP Earnings per Share $7.80 to $8.10 Including Items.
Q4 Revenue $10.84 Billion Versus Refinitiv Ibes Estimate of $10.91 Billion.company Increases Quarterly Cash Dividend 10%, to $0.88 per Share.
Board of Directors Approves $5.0 Billion of Additional Share Repurchase Authority.
New Bookings Are $14.0 Billion for Q4.
Board of Directors Approves $5.0 Billion of Additional Share Repurchase Authority.
For Fiscal 2021, Accenture Expects Revenue Growth of 2% to 5% in Local Currency.
FY2021 Earnings per Share View $8.13 -- Refinitiv Ibes Data (analyst estimates).
Expects Revenues for Q1 of Fiscal 2021 to Be in Range of $11.15 Billion to $11.55 Billion, a Decrease of 3% to Flat in Local Currency.
For Fiscal 2021, Company Expects Operating Cash Flow to Be in Range of $6.35 Billion to $6.85 Billion.
Qtrly Outsourcing Revenues Were $5.15 Billion, an Increase of 6% in U.S. Dollars.
For Fiscal 2021, Company Expects Free Cash Flow to Be in Range of $5.7 Billion to $6.2 Billion.
Qtrly Consulting Revenues Were $5.68 Billion, a Decrease of 8% in Both U.S. Dollars and Local Currency.
Accenture's Total Cash Balance at Aug.
31, 2020 Was $8.4 Billion, Compared With $6.1 Billion at Aug.
31, 2019.
FY2021 Revenue View $46.74 Billion -- Refinitiv Ibes Data (analyst estimates).