Accenture Reaffirms FY24 Adjusted EPS Of $11.97-$12.32 Versus Consensus Of $12.23, For FY24, The Company Expects Revenue Growth Of 2%-5% In Local Currency
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Accenture has reaffirmed its FY24 adjusted earnings per share (EPS) guidance of $11.97-$12.32, aligning with the consensus estimate of $12.23. Additionally, the company anticipates revenue growth of 2%-5% in local currency for the same fiscal year.
December 19, 2023 | 11:49 am
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Accenture reaffirms its FY24 adjusted EPS guidance to be between $11.97 and $12.32, which is consistent with the consensus estimate of $12.23. The company also expects a revenue growth of 2%-5% in local currency for FY24.
Accenture's reaffirmation of its FY24 EPS guidance suggests stability and confidence in its financial outlook, which is likely to be viewed positively by investors. However, since the guidance is in line with consensus estimates, the immediate market reaction may be neutral, as there are no surprises to the market's existing expectations. The projected revenue growth is positive, but it is also within expected ranges, which may not significantly move the stock price in the short term.
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