Plus   Neg

Accenture plc Q1 adjusted earnings Beat Estimates

Accenture plc (ACN) reported earnings for its first quarter that increased from last year.

The company's earnings totaled $1.50 billion, or $2.32 per share. This compares with $1.36 billion, or $2.09 per share, in last year's first quarter.

Excluding items, Accenture plc reported adjusted earnings of $1.43 billion or $2.17 per share for the period.

Analysts had expected the company to earn $2.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.5% to $11.76 billion from $11.36 billion last year.

Accenture plc earnings at a glance:

-Earnings (Q1): $1.43 Bln. vs. $1.32 Bln. last year.
-EPS (Q1): $2.17 vs. $2.01 last year.
-Analysts Estimate: $2.05
-Revenue (Q1): $11.76 Bln vs. $11.36 Bln last year.

Next quarter revenue guidance: $11.55 - $11.95 Bln
Full year EPS guidance: $8.02 to $8.25

For comments and feedback contact: editorial@rttnews.com

Follow RTT