Accenture (NYSE:ACN) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $6.98-7.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.28. The company issued revenue guidance of +5-8% to ~$41.6-42.8 billion, compared to the consensus revenue estimate of $42.11 billion.
Shares of Accenture stock opened at $172.97 on Thursday. Accenture has a 1 year low of $132.27 and a 1 year high of $175.64. The company has a market cap of $116.60 billion, a price-to-earnings ratio of 29.27, a P/E/G ratio of 2.32 and a beta of 0.97.
Accenture (NYSE:ACN) last announced its earnings results on Thursday, September 27th. The information technology services provider reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.02. Accenture had a net margin of 9.76% and a return on equity of 42.01%. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same period in the previous year, the business posted $1.48 earnings per share. Accenture’s revenue for the quarter was up 10.9% on a year-over-year basis. equities research analysts anticipate that Accenture will post 6.71 EPS for the current year.
In related news, COO Johan Deblaere sold 5,000 shares of Accenture stock in a transaction on Monday, July 2nd. The shares were sold at an average price of $162.36, for a total value of $811,800.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Daniel T. London sold 1,930 shares of Accenture stock in a transaction on Monday, August 6th. The stock was sold at an average price of $160.36, for a total transaction of $309,494.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,357 shares of company stock worth $8,865,112. 0.21% of the stock is owned by insiders.
Accenture Company Profile
Accenture plc provides consulting, technology, and outsourcing services worldwide. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions for communications, media, and high tech industries, as well as for software platforms.
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