The 10-second takeaway
For the quarter ended Aug. 31 (Q4), Accenture beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share dropped.
Gross margins dropped, operating margins were steady, net margins dropped.
Accenture booked revenue of $6.84 billion. The 20 analysts polled by S&P Capital IQ foresaw revenue of $6.75 billion on the same basis. GAAP reported sales were 2.2% higher than the prior-year quarter's $6.69 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.88. The 21 earnings estimates compiled by S&P Capital IQ forecast $0.87 per share. GAAP EPS of $0.88 for Q4 were 3.3% lower than the prior-year quarter's $0.91 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.9%, 20 basis points worse than the prior-year quarter. Operating margin was 13.8%, about the same as the prior-year quarter. Net margin was 8.5%, 70 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $7.30 billion. On the bottom line, the average EPS estimate is $1.04.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,251 members out of 1,318 rating the stock outperform, and 67 members rating it underperform. Among 360 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 347 give Accenture a green thumbs-up, and 13 give it a red thumbs-down.
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