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Accenture: raises FY targets

(CercleFinance.com) - Accenture has raised its targets for 2017-18, now looking for adjusted EPS of between 6.
66 dollars and 6.71 dollars, along with revenue growth of 9.5% to 10% in local currencies, and free cash flow of between 4.9 billion and 5.2 billion dollars.

In its fiscal Q3, the consulting and outsourcing giant generated adjusted EPS that rose by 18% to 1.79 dollar, for an adjusted operating margin that is up 20 bp at 15.5%.

Revenues came in at just over 10.3 billion dollars, up 16% as reported, with 11% growth in local currencies, hence exceeding the group's target range of 9.9 billion to 10.15 billion dollars.


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