Edition:
India

Accenture Q1 Earnings Per Share $1.96


Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Accenture PLC ::ACCENTURE REPORTS STRONG FIRST-QUARTER FISCAL 2019 RESULTS.Q1 EARNINGS PER SHARE $1.96.Q1 REVENUE $10.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $10.52 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.86 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $7.01 TO $7.25 INCLUDING ITEMS.UPDATES BUSINESS OUTLOOK FOR FISCAL 2019.NARROWING ITS RANGE FOR FULL-YEAR REVENUE GROWTH TO 6-8% IN LOCAL CURRENCY.EFFECTIVE SEPT. 1, 2018, ACCENTURE ADOPTED NEW ACCOUNTING STANDARDS THAT AFFECT ACCOUNTING FOR REVENUE AND PENSION COSTS..GROSS MARGIN FOR QUARTER WAS 31.1 PERCENT, COMPARED WITH 31.0 PERCENT FOR Q1 LAST YEAR.EXPECTS REVENUES FOR Q2 OF FISCAL 2019 TO BE IN RANGE OF $10.10 BILLION TO $10.40 BILLION.CHANGES HAVE AN IMMATERIAL IMPACT ON REVENUES AND OPERATING MARGIN.CONSULTING REVENUES FOR QUARTER WERE $5.97 BILLION, AN INCREASE OF 8 PERCENT IN U.S. DOLLARS.REVENUES OUTLOOK FOR Q2 OF FISCAL 2019 REFLECTING ASSUMPTION OF NEGATIVE 4 PERCENT FOREIGN-EXCHANGE IMPACT VERSUS Q2 OF FISCAL 2018.QTRLY OUTSOURCING REVENUES WERE $4.64 BILLION, AN INCREASE OF 7 PERCENT IN U.S. DOLLARS.FOR FISCAL 2019, COMPANY CONTINUES TO EXPECT OPERATING CASH FLOW TO BE IN RANGE OF $5.75 BILLION TO $6.15 BILLION.QTRLY NEW BOOKINGS ARE $10.2 BILLION, WITH CONSULTING BOOKINGS OF $5.9 BILLION AND OUTSOURCING BOOKINGS OF $4.3 BILLION.Q2 REVENUE VIEW $10.32 BILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $42.92 BILLION -- REFINITIV IBES DATA.