Last10K.com

Accenture Plc (ACN) SEC Filing 10-Q Quarterly report for the period ending Saturday, November 30, 2019

Accenture Plc

HISTORY TOOLS
CIK: 1648636 Ticker: ACN


Exhibit 99

Accenture Reports Strong First-Quarter Fiscal 2020 Results

-- Revenues increase 7% in U.S. dollars and 9% in local currency to $11.4 billion --

-- EPS are $2.09, a 7% increase --

-- Operating income increases 8% to $1.77 billion, with operating margin of 15.6%, an
expansion of 20 basis points --

-- New bookings are $10.3 billion, with consulting bookings of $6.0 billion
and outsourcing bookings of $4.3 billion --

-- Company declares quarterly cash dividend of $0.80 per share, a 10% increase over the equivalent quarterly rate last year --

-- Accenture updates business outlook for fiscal 2020, including narrowing its range for full-year revenue growth to 6-8% in local currency from 5-8% previously, and its range for EPS to $7.66-$7.84 from $7.62-$7.84 previously --

NEW YORK; Dec. 19, 2019 — Accenture (NYSE: ACN) reported financial results for the first quarter of fiscal 2020, ended Nov. 30, 2019, with revenues of $11.4 billion, an increase of 7 percent in U.S. dollars and 9 percent in local currency over the same period last year.

Diluted earnings per share were $2.09, an increase of 7 percent from the first quarter last year.

Operating income was $1.77 billion, an 8 percent increase over the same period last year, and operating margin was 15.6 percent, an expansion of 20 basis points.

New bookings for the quarter were $10.3 billion, with consulting bookings of $6.0 billion and outsourcing bookings of $4.3 billion.

Julie Sweet, Accenture’s chief executive officer, said, “We are very pleased with our strong first-quarter financial results and the continued momentum across our business. With 9 percent revenue growth in local currency, we again gained significant market share. We also delivered strong profitability and cash flow, and returned $1.2 billion in cash to shareholders while continuing to invest significantly in our business.
 
“Our strong, broad-based results across industries and geographic markets reflect the diversity and scale of Accenture’s business around the world. With our unparalleled technology capabilities, deep industry and function expertise, focus on continuous innovation, and incredibly talented people, we are uniquely positioned to continue driving value for our clients and all our stakeholders.”

Financial Review

Revenues for the first quarter of fiscal 2020 were $11.36 billion, compared with $10.61 billion for the first quarter of fiscal 2019, an increase of 7 percent in U.S. dollars and 9 percent in local currency, above the company’s guided range of $10.9 billion to $11.2 billion. The foreign-exchange impact for the quarter was approximately negative 2 percent, consistent with the assumption provided in the company’s fourth-quarter earnings release.


The following information was filed by Accenture Plc (ACN) on Thursday, December 19, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Accenture Plc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Accenture Plc.

Continue

Assess how Accenture Plc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Accenture Plc's Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Financial
Revenue
Legal
M & A
Other
Filter Subcategory:
All
Income
Geography
Product
Earnings
Dividend
Shares
Expense
Other
Inside Accenture Plc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Cash Flows Statements
Consolidated Income Statements
Consolidated Shareholders' Equity Statement
Consolidated Statements Of Comprehensive Income
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Details)
Accumulated Other Comprehensive Loss (Tables)
Accumulated Other Comprehensive Loss Derivatives Designated As Cash Flow Hedges (Details)
Basis Of Presentation
Basis Of Presentation (Policies)
Basis Of Presentation - Additional Information (Details)
Basis Of Presentation Asu Adoption - Balance Sheet Impacts (Details)
Basis Of Presentation Impact Of New Accounting Pronouncements Adopted (Tables)
Business Combinations
Business Combinations- Additional Information (Detail)
Commitments And Contingencies
Commitments And Contingencies (Policies)
Commitments And Contingencies - Additional Information (Detail)
Earnings Per Share
Earnings Per Share (Detail)
Earnings Per Share (Tables)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Additional Information (Detail)
Financial Instruments - Notional And Fair Values Of All Derivative Instruments (Detail)
Financial Instruments Equity Securities Without Readily Determinable Fair Values (Details)
Financial Instruments Offsetting Derivative Assets And Liabilities (Details)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Tables)
Goodwill And Intangible Assets - Amortization (Details)
Goodwill And Intangible Assets - Goodwill Rollforward (Details)
Goodwill And Intangible Assets - Intangible Table By Major Class (Details)
Income Taxes
Income Taxes (Details)
Income Taxes (Policies)
Leases
Leases (Detail)
Leases (Tables)
Leases Future Minimum Lease Payments (Details)
Leases Lease Cost (Details)
Leases Lessee, Operating Lease, Liability, Maturity (Details)
Leases Supplemental Information Related To Operating Lease Transactions (Details)
Material Transactions Affecting Shareholders' Equity
Material Transactions Affecting Shareholders' Equity (Tables)
Material Transactions Affecting Shareholders' Equity - Dividend Activity (Detail)
Material Transactions Affecting Shareholders' Equity - Subsequent Event - Additional Information (Details)
Revenues
Revenues Contract Balances (Details)
Revenues Contract Balances (Tables)
Revenues Performance Obligations (Details)
Segment Reporting
Segment Reporting (Tables)
Segment Reporting - Additional Information (Detail)
Segment Reporting - Reportable Operating Segments (Detail)
Ticker: ACN
CIK: 1467373
Form Type: 10-Q Quarterly Report
Accession Number: 0001467373-19-000395
Submitted to the SEC: Thu Dec 19 2019 11:54:55 AM EST
Accepted by the SEC: Thu Dec 19 2019
Period: Saturday, November 30, 2019
Industry: Business Services

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/acn/0001467373-19-000395.htm