Accenture Plc Profit Advances In Q1, Beats Estimates

Accenture plc (ACN) revealed earnings for its first quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $2.278 billion, or $3.59 per share. This compares with $1.973 billion, or $3.10 per share, in last year's first quarter.

Analysts on average had expected the company to earn $3.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.0% to $17.689 billion from $16.224 billion last year.

Accenture plc earnings at a glance (GAAP) :

-Earnings (Q1): $2.278 Bln. vs. $1.973 Bln. last year.
-EPS (Q1): $3.59 vs. $3.10 last year.
-Revenue (Q1): $17.689 Bln vs. $16.224 Bln last year.

-Guidance:
Next quarter revenue guidance: $16.2 - $16.8 Bln
Full year EPS guidance: $12.43 to $12.79

by RTTNews Staff Writer

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