Accenture (ACN) Misses Q3 EPS by 4c, Beats on Revenue; Offers FY24 EPS Guidance
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Accenture Reports Third-Quarter Fiscal 2024 Results
June 20, 2024 6:38 AM EDTNew bookings of $21.1 billion, an increase of 22% in U.S. dollars and 26% in local currency Generative AI new bookings of over $900 million for a total of $2 billion fiscal year-to-date Revenues of $16.5 billion, a decrease of 1% in U.S. dollars and increase of 1.4% in local currency, with consulting revenues of $8.5 billion and managed services revenues of $8.0 billion GAAP operating margin of 16.0%, an increase of 180 basis points over the third quarter of fiscal 2023; adjusted1 operating margin of 16.4%, an expansion of 10 basis points GAAP EPS of $3.04, a decrease of 3% from the... More
