Societe Generale Comments on Accenture Guidance

Accenture plc ACN raised guidance again; “for Q4 FY11 (to end August), management now expects revenue to reach $6.4-6.6bn, which is ahead of current consensus/SGe on $6.2bn,” Societe Generale reports. “For FY11, EPS is flagged at $3.36-3.40, up from $3.22-3.30. We will review our model in light of this revised guidance.” Accenture closed Thursday at $55.69.