Industrials

Accenture (NYSE:ACN) Raises Quarterly Dividend to $1.29 From $1.12.

Accenture Sees FY24 Revenue Growth of 2%-5% in Local Currency.

Accenture Q4 New Bookings At $16.6B, Down 10% Y/Y USD & Local Currency.

Accenture Expects to Return at Least $7.7B to Holders Through Dividends, Buybacks in FY24.

Accenture Approved An Additional Share Repurchase Of $4.0B, Bringing Total Outstanding Authority To About $6.5B.

Accenture (NYSE:ACN) posted fiscal Q4 adjusted earnings Thursday of $2.71 per diluted share, up from $2.60 a year earlier. Analysts polled by Capital IQ expected normalized EPS of $2.63. Revenue for the quarter ended Aug. 31 was $15.99 billion, up from $15.42 billion a year earlier. Analysts polled by Capital IQ expected $16.07 billion. The consulting company said it expects fiscal Q1 revenue of $15.85 billion to $16.45 billion. Analysts surveyed by Capital IQ are looking for $16.35 billion. The company also said it expects fiscal 2024 adjusted earnings of $11.97 to $12.32 per share. Analysts polled by Capital IQ are expecting $12.37. Revenue for the current fiscal year is projected to grow 2% to 5% in local currency, the company said. Additionally, Accenture said its board has authorized an additional $4 billion in share buybacks, bringing the company’s outstanding authority to about $6.5 billion. The company also said it