UPDATE: Accenture (ACN) Tops Q4 EPS by 3c

Accenture (NYSE: ACN) reported Q4 EPS of $1.15, $0.03 better than the analyst estimate of $1.12. Revenue for the quarter came in at $7.9 billion versus the consensus estimate of $7.68 billion.

New bookings for the fourth quarter were $8.8 billion and reflect a negative 13 percent foreign-exchange impact compared with new bookings in the fourth quarter of fiscal 2014.

• Consulting new bookings were $4.1 billion, or 46 percent of total new bookings.
• Outsourcing new bookings were $4.7 billion, or 54 percent of total new bookings.

Capital Allocation Measures:

In addition, Accenture’s Board of Directors has declared a semi-annual cash dividend of $1.10 per share, an increase of $0.08 per share, or 8 percent, over its previous semi-annual dividend, declared in March. The Board also approved $5 billion in additional share repurchase authority.

Guidance:

Accenture sees FY2016 EPS of $5.09 - 5.24, versus the consensus of $5.22. Accenture’s business outlook for the full 2016 fiscal year assumes a foreign-exchange impact of negative 4 percent compared with fiscal 2015.

For Q1, Accenture sees revenue of $7.70 - $7.95 billion, with the consensus at $8.11 billion.

For earnings history and earnings-related data on Accenture (ACN) click here.

You May Also Be Interested In

• Accenture plc (ACN) PT Lowered to $226 at Mizuho
• ATN International (ATNI) Raises Quarterly Dividend 5.5% to $0.29; 4.5% Yield
• RBC initiates GE HealthCare as it sees AI-led innovation cycle driving growth