Accenture had a mixed quarterly result as its revenues failed to meet Wall Street expectations despite the fact that the global professional services company witnessed double-digit growth in most of the key segments. The value of new bookings stood at $15.9 billion for the quarter, which was 39% higher than the third quarter last year whereas its overall bookings saw a 20% increase in bookings to $59 billion. The strong momentum across all dimensions comes from robust demand for its offering acr ....

05 Oct 2021
Accenture Plc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21

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Accenture Plc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
- Published:
05 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
Accenture had a mixed quarterly result as its revenues failed to meet Wall Street expectations despite the fact that the global professional services company witnessed double-digit growth in most of the key segments. The value of new bookings stood at $15.9 billion for the quarter, which was 39% higher than the third quarter last year whereas its overall bookings saw a 20% increase in bookings to $59 billion. The strong momentum across all dimensions comes from robust demand for its offering acr ....