Accenture (ACN) Tops Q3 EPS by 12c, Hikes FY22 Guidance

Accenture (NYSE: ACN) reported Q3 EPS of $2.79, $0.12 better than the analyst estimate of $2.67. Revenue for the quarter came in at $16.2 billion versus the consensus estimate of $14.97 billion.

GUIDANCE:

Accenture updates business outlook for fiscal 2022; raises full-year revenue growth to 25.5% to 26.5% in local currency; continues to expect operating margin of 15.2% and free cash flow of $8.0 billion to $8.5 billion; updates EPS to $10.61 to $10.70; and now expects foreign-exchange impact of negative 4.5%

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

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