Accenture plc

ACN NYSE
ACN
Accenture plc NYSE
 
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Upcoming Earnings
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Market Cap
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Upcoming Earnings
EPS
Market Cap
Div Yield
P/E

Important events

Dec 172021

Earnings blowout

IT specialist Accenture hits new highs after offering up an optimistic look into its earnings.

  • Prices popped 10% before closing up 6.8% on Thursday, hitting a new all-time high following a year of slow and steady gains.
  • It beat on both ends in fiscal Q2 with EPS of $2.78 on revenues of $14.97bn, topping estimates of $2.64 in EPS on $14.22bn in revenues.
  • Revenue was up over 20% in all four of the biggest industry groups in its customer base.
  • It’s been making a major shift to the digital way of life, focusing on cloud-computing and security, which elevated profits.
  • It’s acquired Zestgroup, a Dutch energy consultancy firm that specializes in energy transitions and renewable projects.
  • It also hiked its FY guidance. It’s expecting revenues of between $14.30bn and $14.75bn, when analysts had predicted $14.12bn – representing up to 22% growth y-o-y, up from its former forecast of 15% growth.
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