Accenture Provides 2010 outlook/guidance

  Accenture Provides 2010 outlook/guidance

 For the full fiscal year 2010, Accenture expects net revenue growth to be in the range of negative 3 percent to positive 1 percent in local currency.

The company expects diluted EPS for the full fiscal year to be in the range of $2.64 to $2.72. Accenture expects operating margin for the full fiscal year to be 13.4 percent.

 

The company expects operating cash flow to be $2.39 billion to $2.59 billion; property and equipment additions to be $290 million; and free cash flow to be in the range of $2.1 billion to $2.3 billion. The annual effective tax rate is expected to be in the range of 30 percent to 32 percent.

Accenture is targeting new bookings for fiscal 2010 in the range of $23 billion to $26 billion.

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