A few more days and we will find out how kind the second quarter of 2022 was to Accenture. Any predictions?
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It's looking good and we are doing better than ever.
- Revenues are $15.0 billion, an increase of 24% in U.S. dollars and 28% in local currency --
- EPS are $2.54, a 14% increase from $2.23 for the second quarter last year, which included $0.21 in gains on an investment; excluding these gains, EPS are up 25% from adjusted EPS of $2.03 in the second quarter last year --
- Operating income increases 25% to $2.06 billion, with operating margin of 13.7% --
- Record new bookings of $19.6 billion are up 22% from the second quarter last year, with record bookings in both consulting and outsourcing of $10.9 billion and $8.7 billion, respectively --
- Company declares quarterly cash dividend of $0.97 per share, up 10% from a year ago --
- Accenture updates business outlook for fiscal 2022; raises range for full-year revenue growth to 24-26% in local currency; raises EPS to $10.61 to $10.81; updates operating margin expansion to 10 basis points; raises free cash flow to $8.0 billion to $8.5 billion; and raises cash returned to shareholders to at least $6.5 billion --
Knocked it out of park