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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Doren who wrote (55659)	3/22/2012 4:32:28 PM
From: Bill Harmond	Respond to of 57684

Accenture is a blue-chip cloud play most people don't think of. Making new highs, too. Holds patents that Facebook may have to "face" one day. 16:12 ACN Accenture beats by $0.11, beats on revs; guides Q3 revs above consensus; raises FY12 guidance (63.52 -0.23) Reports Q2 (Feb) earnings of $0.97 per share, $0.11 better than the Capital IQ Consensus Estimate of $0.86; revenues rose 12.3% year/year to $6.8 bln vs the $6.66 bln consensus. Co issues upside guidance for Q3, sees Q3 revs of $7.05-7.25 bln vs. $7.03 bln Capital IQ Consensus Estimate. Co issues upside guidance for FY12, raises EPS to $3.82-3.90 from $3.76-3.84 vs. $3.81 Capital IQ Consensus Estimate; raises local currency rev growth to +10-12% from +7-10% YoY (as reported consensus +9.0%). Co continues to expect FY12 operating margin to be in the range of 13.7-13.9%, an expansion of 10 to 30 bps. During Q2, co repurchased or redeemed 8.6 million shares for a total of $465 million, including 6.5 million shares repurchased in the open market.