trending Market Intelligence /marketintelligence/en/news-insights/trending/rlpZeFrqqPteQyo0HGEnaw2 content esgSubNav
In This List

Accenture profit misses consensus by 16.3% in fiscal Q1

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Accenture profit misses consensus by 16.3% in fiscal Q1

Accenture plc said its normalized net income for the fiscal first quarter ended Nov. 30 amounted to $1.00 per share, compared with the S&P Capital IQ consensus estimate of $1.20 per share.

EPS increased 15.6% year over year from 87 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $684.3 million, a gain of 12.9% from $606.2 million in the year-earlier period.

The normalized profit margin rose to 8.7% from 8.2% in the year-earlier period.

Total revenue climbed 7.3% year over year to $7.90 billion from $7.36 billion, and total operating expenses climbed 6.7% on an annual basis to $6.71 billion from $6.29 billion.

Reported net income rose 10.1% on an annual basis to $882.2 million, or $1.29 per share, from $800.9 million, or $1.15 per share.