Company Report

Accenture’s GAAP EPS increase by 11% from $2.09 for Q1 2021

Accenture’s GAAP EPS are $2.32, an 11% increase from $2.09 for the first quarter last year, including gains on an investment of $0.15 and $0.08, respectively; excluding these gains, adjusted EPS of $2.17 are up 8% from $2.01 in the first quarter last year.

Accenture’s GAAP diluted earnings per share were $2.32, an 11% increase from $2.09 for the first quarter last year, including gains on an investment of $0.15 and $0.08, respectively. On an adjusted basis, EPS of $2.17 increased 8% from $2.01 for the first quarter last year.

Accenture’s GAAP diluted EPS for the quarter were $2.32, an 11% increase from $2.09 for the first quarter last year, including pre-tax gains on an investment of $120 million, or $0.15 per share, and $60 million, or $0.08 per share, respectively. Excluding these gains, adjusted EPS for the first quarter of fiscal 2021 were $2.17, an 8% increase from $2.01 for the first quarter last year. The $0.16 increase in EPS on an adjusted basis reflects:

▪ a $0.14 increase from higher revenue and operating results;
▪ a $0.01 increase from a lower effective tax rate; and
▪ a $0.01 increase from a lower share count.

The company now expects GAAP diluted EPS to be in the range of $8.17 to $8.40, compared with $7.80 to $8.10 previously. Excluding gains on an investment of $0.15 in fiscal 2021 and $0.43 in fiscal 2020, the company expects adjusted fiscal 2021 EPS to be in the range of $8.02 to $8.25, an increase of 8% to 11% over adjusted fiscal 2020 EPS of $7.46.

Source: investor.accenture.com

Download PDF File from here.

Post Comment