Two of the Big 4 are not official yetglobal CEOs recently teased how well things were doing with earnings at their respective firms in 2022.
The FT reported:
PwC is still finalizing results for the 12 months to June 30, but expects revenues to grow by at least 10 percent, he said. “Virtually all business units have grown significantly.” The firm is expected to release its global earnings in October.
BoMo told the FT that PwC’s headcount grew by 32,000 to 327,000 worldwide in the year, despite losing 10,000 people after is selling its global mobility business and cutting ties with its Russian operations.
The second Big Four firm to release a preliminary 2022 earnings outlook was EY. During a global phone call last Thursday, Carmine Di Sibio told his troops that the firm brought in $45.4 billion during the last financial year ended June 30, the FT reported. what‘with 13.6% more compared to last year‘s 39.95 billion dollars. EY usually announces its global revenue in September.
PwC is the second largest Big 4 firm in terms of global revenue after Deloitte and EY is the third largest ahead of KPMG. Deloitte usually announces its annual income in September, while KPMG publishes its annual income in December.
As usual, weWe’ll be covering the annual Big 4 member measurement competition once the firms officially release their 2022 earnings, so stay tuned.
Have a nice weekend.
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