Accenture Raises 2020 Outlook

Date : 12/19/2019 @ 12:37PM
Source : Dow Jones News
Stock : Accenture Plc (ACN)
Quote : 212.37  -0.03 (-0.01%) @ 12:59AM
After Hours
Last Trade
Last $ 212.37 ◊ 0.00 (0.00%)

Accenture Raises 2020 Outlook

Accenture (NYSE:ACN)
Historical Stock Chart

2 Months : From Dec 2019 to Feb 2020

Click Here for more Accenture Charts.

By Dave Sebastian


Accenture PLC (ACN) on Thursday raised its fiscal 2020 financial outlook as it reported better-than-expected first-quarter results.

The professional-services company now sees full-year earnings of $7.66 to $7.84 a share, up from its prior outlook of $7.62 to $7.84 a share.

The company said it expects revenue to grow 6% to 8% in local currency during the year, narrower than the previously guided 5% to 8%.

Accenture said it continues to assume foreign-exchange impact to hurt its 2020 results by 1%.

For the second quarter, the company expects revenue of $10.85 billion to $11.15 billion, reflecting 5% to 8% growth in local currency. It said it assumes a negative 1% foreign-exchange impact compared with the same period last year.

Shares of Accenture rose 0.65% in premarket trading.


Write to Dave Sebastian at


(END) Dow Jones Newswires

December 19, 2019 07:22 ET (12:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest ACN Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.