Accenture (ACN) reported earnings on Fri 16 Dec 22 (b/o)

 ** charts after earnings **

Accenture beats by $0.15, reports revs in-line; guides Q2 revs in-line; raises FY23 EPS in-line, reaffirms FY23 revs guidance 

• Reports Q1 (Nov) earnings of $3.08 per share, $0.15 better than the S&P Capital IQ Consensus of $2.93; revenues rose 5.2% year/year to $15.75 bln vs the $15.59 bln S&P Capital IQ Consensus.
• Co issues in-line guidance for Q2, sees Q2 revs of $15.20-15.75 bln vs. $15.64 bln S&P Capital IQ Consensus.
• Co issues guidance for FY23, raises EPS to $11.20-11.52 from $11.09-11.41 vs. $11.37 S&P Capital IQ Consensus; sees FY23 revs of +8-11% to ~$66.5-$68.4 bln vs. $64.25 bln S&P Capital IQ Consensus.
• New bookings are $16.2 billion across consulting and managed services with both at $8.1 billion.
• Gross margin (gross profit as a percentage of revenues) for the quarter was 32.9%, flat compared to 32.9% in the first quarter last year. Selling, general and administrative (SG&A) expenses for the quarter were $2.59 billion, or 16.5% of revenues, compared with $2.48 billion, or 16.6% of revenues, for the first quarter last year.

 

** the following day **