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Thursday, June 25, 2020

-=Accenture Plc (ACN) reported earnings on Thur 25 June 20 (b/o)



Accenture beats by $0.06, reports revs in-line; guides Q4 revs in-line; guides FY20 EPS in-line
  • Reports Q3 (May) earnings of $1.90 per share, $0.06 better than the S&P Capital IQ Consensus of $1.84; revenues fell 1.0% year/year to $10.99 bln vs the $10.89 bln S&P Capital IQ Consensus.
  • Co issues in-line guidance for Q4, sees Q4 revs of $10.6-11.0 bln vs. $10.92 bln S&P Capital IQ Consensus.
  • Co issues in-line guidance for FY20, sees EPS of $7.57-7.70 vs. $7.58 S&P Capital IQ Consensus, up from $7.48-7.70 previously
  • Co is also raising its range for FY20 free cash flow to $5.8-6.3 bln from $5.5-6.0 bln

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