Report
Andrew Lange
EUR 100.00 For Business Accounts Only

Accenture Reports Strong End to FY18, Issues Mostly In-Line FY19 Guidance; Shares Above Fair Value

Accenture reported a strong finish to the end of its fiscal year, with total net revenue growing in the low double digits year over year. The firm’s strong performance continues to be fueled by its early and aggressive shift to its “New” services, which includes digital, cloud, and security-related IT services. About two years ago, we had forecast the rotation to digital services (or social, mobile, analytics, cloud, and security services) as long-term drivers for the IT services industry, with ...
Underlying
Accenture Plc Class A

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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