(Tiper Stock Exchange) – Accentureone of the world’s largest management consulting firms, reported revenues for 15.7 billion dollars in first quarter of fiscal year 2023 (ended Nov. 30, 2022), an increase of 5% in USD and 15% in local currency over the same period last year. Revenues for the quarter reflect a negative foreign exchange impact of approximately 9.5%, versus a previously assumed negative impact of 8.5%
L’Net income it was $2 billion, compared with $1.82 billion for the first quarter of last year. L’earning per share (EPS) was $3.08, an increase of 11%. The consensuswas for earnings per share of $2.92 on revenues of $15.6 billion, according to Refinitiv data.
“Our strong first quarter results reflect our focused focus on creating value for our customers, as well as the significant investments in our business and the capabilities we have year-over-year to meet our customers’ evolving needs,” he said. commented the CEO Julie Sweet.
The outlook for the full fiscal year 2023 now assume that the foreign exchange impact on its dollar results will be about a negative 5% (previously expected a negative foreign exchange impact of 6%).
Accenture continues to anticipate a revenue growth between 8% and 11% in local currency. The company now expects theearning per share it will be in the range of $11.20 to $11.52, an increase of 5% to 8% (it previously expected EPS to be in the range of $11.09 to $11.41).