

Operating cash flow continues to be anticipated in the range of $8.7-$9.2 billion. The consensus estimate of earnings is pegged at $11.58 per share which matches the midpoint ($11.58) of the guided range.ĪCN still expects its operating margin for the full fiscal year to be 15.4%. The Zacks Consensus Estimate of $16.4 billion lies above the guided range.įor fiscal 2023, revenues are expected to register 8-9% growth in local currency, narrowing down from 8-10% expected earlier.Īccenture now expects fiscal 2023 earnings per share (EPS) in the range of $11.52-$11.63 (prior guidance: $10.84-$11.06). Guidanceįor third-quarter fiscal 2023, Accenture expects revenues in the range of $15.75-$16.35 billion. Cash provided by operating activities was $3.29 billion for the reported fiscal quarter.

Balance Sheet & Cash FlowĪccenture exited third-quarter fiscal 2023 with cash and cash equivalents of $8.5 billion, compared with $6.2 billion at the end of the prior fiscal quarter. The operating margin of 16.3% expanded 20 basis points from the year-ago fiscal quarter. Adjusted operating income came at $2.71 billion. The gross margin (gross profit as a percentage of net revenues) for third-quarter fiscal 2023 came in at 33.4%, up 50 basis points from the figure reported in the year-ago fiscal period. Resources revenues of $2.31 billion increased 8% from the year-ago fiscal quarter’s level on a reported basis and 12% in local currency. dollars and 6% in terms of local currency. Products revenues of $4.97 billion grew 3% from the year-ago fiscal quarter’s number in U.S. Health & Public Service revenues of $3.27 billion increased 12% from the year-ago fiscal quarter’s reading on a reported basis and 14% in terms of local currency.

The Financial Services segment’s revenues of $3.14 billion increased 2% from the year-ago fiscal quarter’s reading on a reported basis and 5% on a local currency basis. Segment-wise, the Communications, Media & Technology segment’s revenues of $2.88 billion decreased 11% on a reported basis and 8% from the year-ago quarter in terms of local currency. Managed Services revenues of $7.87 billion increased 10% from the year-ago quarter’s number on a reported basis and 13% in terms of local currency. The Consulting segment’s revenues of $8.69 billion decreased 4% from the year-ago quarter’s reading on a reported basis and 1% in terms of local currency.

Accenture PLC Price, Consensus and EPS SurpriseĪccenture PLC price-consensus-eps-surprise-chart | Accenture PLC Quote
