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The company reported earnings of $892 million, or $1.29 per share, up from $812 million, or $1.15 per share, a year ago. Analysts expected to see $1.20 per share in earnings.
Revenue
Revenue was $7.90 billion, up from last year’s $7.36 billion. Analysts expected to see earnings of $7.69 billion.
Outlook
Looking ahead to Q2, the company expects to see revenue between $7.25 billion and $7.50 billion. For FY2015, the company expects to see revenue growth between 5% and 8%. Earnings are expected to be between $4.66 and $4.80 per share. Previously, ACN expected to see EPS between $4.74 and $4.88. The updated guidance is due to a foreign currency impact.
One potential concern going into 2015 is the company’s lower outlook.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| Liquid error: internal | Vanguard Wellington | 1.61% |
| Liquid error: internal | Vanguard Total Stock Market Index | 1.60% |
| MEIAX | MFS Value | 1.39% |
Shares of ACN are up 10% YTD.
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We are tackling the topics of choosing the right webinar topic, finding balance...
We will take a closer look at how credit rating agencies are assessing...
News
Daniel Cross
|
Japan Equity Funds give investors exposure to Japanese stocks and investments that they...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
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Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
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While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
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The phrase ‘bear market’ has been thrown around a lot lately, but it...
The company reported earnings of $892 million, or $1.29 per share, up from $812 million, or $1.15 per share, a year ago. Analysts expected to see $1.20 per share in earnings.
Revenue
Revenue was $7.90 billion, up from last year’s $7.36 billion. Analysts expected to see earnings of $7.69 billion.
Outlook
Looking ahead to Q2, the company expects to see revenue between $7.25 billion and $7.50 billion. For FY2015, the company expects to see revenue growth between 5% and 8%. Earnings are expected to be between $4.66 and $4.80 per share. Previously, ACN expected to see EPS between $4.74 and $4.88. The updated guidance is due to a foreign currency impact.
One potential concern going into 2015 is the company’s lower outlook.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| Liquid error: internal | Vanguard Wellington | 1.61% |
| Liquid error: internal | Vanguard Total Stock Market Index | 1.60% |
| MEIAX | MFS Value | 1.39% |
Shares of ACN are up 10% YTD.
Receive email updates about best performers, news, CE accredited webcasts and more.
We are tackling the topics of choosing the right webinar topic, finding balance...
We will take a closer look at how credit rating agencies are assessing...
News
Daniel Cross
|
Japan Equity Funds give investors exposure to Japanese stocks and investments that they...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...
TAXATION
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
MUTUAL FUND EDUCATION
Many investors assume that changes in a mutual fund’s net asset value (NAV)...
MUTUAL FUND EDUCATION
For investors looking to add mutual funds to their portfolio, they need to...
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