Accenture plc stock forum

2 days ago

Accenture reported a 9% year-over-year revenue increase, reaching $17.7 billion, exceeding expectations by $0.6 billion. Earnings per share (EPS) came in at $3.59, beating estimates by $0.20. New bookings rose by 1% to $18.7 billion, while generative AI contributed $1.2 billion, up from $1.0 billion in the previous quarter, highlighting its growing role in client transformation efforts.

The company raised its FY25 revenue growth forecast to 4%–7%, up from the prior 3%–6%, driven by robust growth across consulting and managed services. Although EPS guidance was slightly lowered, Accenture remains committed to AI-focused investments, expanding its data and AI team to 69,000, with plans to reach 80,000 by FY26. Management emphasized strong client demand for large-scale transformations, solidifying Accenture’s role as a key partner in driving reinvention and AI integration.