Accenture plc - Ordinary Shares - Class A

NYSE:ACN   3:59:59 PM EDT
286.97
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4:00:00 PM EDT: $286.93 -0.04 (-0.01%)
Positive Earnings Pre-Announcement

Accenture PLC reports Q1 Gaap Earnings of $2.32 Per Share

Published: 12/17/2020 14:16 GMT
Accenture plc - Ordinary Shares - Class A (ACN) - Accenture Reports Very Strong First-quarter Results and Raises Business Outlook for Fiscal 2021.
Q1 Adjusted Earnings per Share $2.17.
Q1 GAAP Earnings per Share $2.32.
Q1 Earnings per Share Estimate $2.05 -- Refinitiv Ibes Data (analyst estimates).
Sees FY GAAP Earnings per Share $8.17 to $8.40.
Q1 Revenue $11.8 Billion Versus Refinitiv Ibes Estimate of $11.36 Billion.
For Fiscal 2021, Company Now Expects Revenue Growth to Be in Range of 4% to 6% in Local Currency.
Consulting Revenues for Quarter Were $6.33 Billion, a Decrease of 1% in U.S. Dollars.
New Bookings for Q1 Were $12.9 Billion, a 25% Increase From Q1 Last Year.
Continues to Expect Operating Margin for Full Fiscal Year to Be in Range of 14.8% to 15.0%.
Qtrly Outsourcing Revenues Were $5.43 Billion, an Increase of 9% in U.S. Dollars.
Expects Revenues for Q2 of Fiscal 2021 to Be in Range of $11.55 Billion to $11.95 Billion.
Expects Adjusted Fiscal 2021 EPS to Be in Range of $8.02 to $8.25.
Gross Margin (gross Profit As a Percentage of Revenues) for Quarter Was 33.1%, Compared With 32.1% for Q1 Last Year.
For Fiscal 2021, Company Now Expects Operating Cash Flow to Be in Range of $6.65 Billion to $7.15 Billion.
Reports FY 2020 Adjusted Earnings per Share $7.46 Excluding Items.
FY2021 Earnings per Share View $8.05, Revenue View $46.72 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $12.76 Billion
Adjusted EPS is expected to be $2.24

Next Quarter Revenue Guidance is expected to be $12.5 Billion
Next Quarter EPS Guidance is expected to be $2.04

More details on our Analysts Page.