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-0.00576983606557372 -0.00576983606557372 -0.00576983606557372 -0.00245901639344262 -3.27868852458718E-05 -3.27868852458718E-05 -0.00055737704918038 -0.000590163934426252
Stock impact report

Why Accenture Stock Tumbled on Thursday [Yahoo! Finance]

Accenture plc Class A Ordinary Shares (Ireland) (ACN) 
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am Check Earnings Report
US:NYSE Investor Relations: investor.accenture.com
Company Research Source: Yahoo! Finance
Analysts had forecast Accenture would earn $2.81 per share on $16.6 billion in sales. In fact, Accenture earned $2.82 per share on sales of $16.7 billion for the period ended Feb. 28. Not all the news was good. While revenue grew 5% year over year, Accenture noted that new bookings, which can foreshadow future revenue trends, actually declined 3% in the quarter. On the plus side, for now, revenue is still growing, and profits are, too. Accenture's operating profit margin expanded 50 basis points to 13.5%. Combined with the revenue growth, that helped Accenture grow per-share profits 7% year over year. Best of all, free cash flow for the quarter came in at a strong $2.7 billion, up 35% from last year's fiscal Q2. Guidance also looks decent. Despite the decline in bookings, Accenture only narrowed revenue guidance, saying revenue will grow 5% to 7% this year. Thus, Accenture remains on track to hit its revenue number. Accenture similarly narrowed on earnings, predicting full-ye Show less Read more
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