Accenture - Excellent Q4 Results; Robust Demand Scenario Continues: Axis Securities
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Axis Securities Report
Accenture Plc. reported strong Q4 FY21 results, beating the street expectations on all financial and operational terms.
Revenue for the quarter stood at $13.4 billion, registering a growth of 24% YoY.
GAAP earnings per share for Q4 FY21 stood at $2.23 and adjusted EPS stood at $2.03 versus $1.84 YoY.
The company bagged new bookings at the record-high of $15 billion, up 7% YoY, while total booking for FY21 stood at $59.8 billion, up 20% YoY.
New bookings were largely broad-based in terms of verticals and geographies and the management believes that Accenture would continue to witness strong growth momentum in FY22 as well.
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