Accenture Expects FY24 Revenue Growth Of 2%-5% In Local Currency, Adj. EPS Of $11.97-$12.32 Vs. $12.46 Est.
Portfolio Pulse from Benzinga Newsdesk
Accenture has provided its business outlook for fiscal year 2024, expecting revenue growth of 2% to 5% in local currency, and adjusted EPS of $11.97 to $12.32. The company also expects GAAP operating margin to be between 14.8% to 15.0%, and adjusted operating margin to be between 15.5% to 15.7%. Accenture plans to return at least $7.7 billion in cash to shareholders through dividends and share repurchases.
September 28, 2023 | 10:55 am
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Accenture's FY24 outlook includes revenue growth of 2%-5%, adjusted EPS of $11.97-$12.32, and plans to return at least $7.7 billion to shareholders. This could potentially impact the company's stock price.
Accenture's positive outlook for FY24, including revenue growth, EPS increase, and plans for significant shareholder returns, could potentially lead to an increase in the company's stock price. However, the actual impact will depend on various factors including market conditions and investor sentiment.
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