Accenture: revised annual targets

(CercleFinance.com) - On the occasion of its quarterly publication, Accenture now targets adjusted EPS of $11.
85 to $12.00 (instead of $11.97 to $12.20) and revenue growth in local currencies of 1.5% to 2.5% (instead of 1% to 3%) for the current financial year.

For its third quarter 2023-24, the consulting group saw its adjusted EPS fall by 2% to $3.13, for an adjusted operating margin improving by 10 basis points to 16.4% and revenues of 16.5 billion (+1.4% in local currencies).

In addition, Accenture claims new orders worth $21.1 billion, an increase of 26% in local currencies, including new orders in generative AI worth over 900 million (two billion since the beginning of the year).

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