20.06.2024 13:33:51 - dpa-AFX: Accenture Revises Outlook; Stock Up In Pre-market

DUBLIN (dpa-AFX) - (Adds Outlook, stock movement)

Accenture has revised its annual outlook to include the impact of
foreign-exchange on its results.

The company now expects EPS in the range of $11.29 - $11.44, compared to the
previous outlook of $11.41 - $11.64.

Adjusted EPS outlook has been revised to $11.85 - $12.00 from $11.97 - $12.20.

For the full year, Accenture now expects revenue to grow range of 1.5 percent -
2.5 percent, compared with the previous outlook of 1 percent - 3 percent.

On average, 23 analysts polled by Thomson-Reuters expect the company to report
earnings of $12.08 per share on revenue growth of 1.60 percent.

In the pre-market activity today, the stock was up 5.83 percent or $16.65 to
$302.


Q3 Earnings:

Accenture revealed earnings for third quarter that decreased from last year and
missed the Street estimates.

The company's earnings came in at $1.93 billion, or $3.04 per share. This
compares with $2.01 billion, or $3.15 per share, in last year's third quarter.

Excluding items, Accenture plc reported adjusted earnings of $2.04 billion or
$3.13 per share for the period.

Analysts on average had expected the company to earn $3.15 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 0.5% to $16.47 billion from $16.56
billion last year.

Accenture plc earnings at a glance (GAAP) :

-Earnings (Q3): $1.93 Bln. vs. $2.01 Bln. last year.
-EPS (Q3): $3.04 vs. $3.15 last year.
-Revenue (Q3): $16.47 Bln vs. $16.56 Bln last year.

-Guidance:
Next quarter revenue guidance: $16.05 - $16.65 Bln
Full year EPS guidance: $11.85 - $12.00



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ACCENTURE A DL-,0000225 A0YAQA Frankfurt 283,500 27.06.24 19:30:33 -1,450 -0,51% 0,000 0,000 283,800 284,950

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