Blackberry Delivers a Stunning Beat and 4 Other Hot Stocks
Accenture (NYSE:ACN) reported FQ2 EPS of $1.00 and revenue of $7.1 billion, which beat consensus estimates by $0.03 and $0.03 billion respectively. Revenues grew 4 percent over the year ago quarter. Company had record consulting bookings of $4.4 billion and outsourcing bookings of $4.7 billion. Operating margin grew 20 basis points to 13.3 percent. The company benefited by $243 million due to final determinations of prior year tax liabilities, and $224 million from a reduction in reorganisation liabilities. Adding these special items, EPS is $1.65. For the third quarter the company guides net revenues in the range $7.25 billion-$7.50 billion.