Accenture (ACN 1.93%) stock is climbing higher in Tuesday's trading despite a bearish backdrop for the broader market. The company's share price was up 2.2% as of 1:15 p.m. ET, and had been up as much as 3.4% earlier in the session. Meanwhile, the S&P 500 (^GSPC -0.57%) was down 0.8%, and the Nasdaq Composite (^IXIC -1.28%) was down 1.5%.Accenture is gaining ground today thanks to fresh news about its expanding partnership with Nvidia (NVDA -4.46%). Accenture profiled its new software suite built on technol ...

Price Performance - The company's stock has gained 18.7% over the past six months, underperforming the industry rally slightly but outperforming the Zacks S&P 500 composite's 9.9% growth [8] Financial Performance - The company reported better-than-expected first-quarter fiscal 2025 results with earnings of $3.6 per share, outpacing the Zacks Consensus Estimate by 6.2% and increasing 28.7% year-over-year [4] - Total revenues of $17.7 billion beat the consensus estimate by 3.1% and gained 9.1% year-over-year [4] - The current ratio stood at 1.47 at the end of first-quarter fiscal 2024, higher than the preceding quarter's 1.1 and the year-ago quarter's 1.33, indicating efficient short-term obligation payment capability [3] Acquisitions and Growth Strategy - The company spent $6.6 billion across 46 acquisitions in fiscal 2024 to channel its business in high-growth areas, add skills and capabilities, and deepen industry and functional expertise [5] - Recent acquisitions like Award Solutions and Allitix have strengthened the company's training modules and connected planning capabilities, meeting unique requirements in the telecom space and improving client agility and productivity [15] Market Demand and Trends - The company continues to witness strong demand for application modernization and maintenance, cloud enablement, and cybersecurity-as-a-service [6] - Clients focus on improving productivity and saving operational costs using data and analytics, AI, and automation, boosting the company's managed services business globally [6] Financial Position and Dividends - The company had a cash and cash equivalent balance of $8.3 billion at the end of first-quarter fiscal 2024 against a total long-term debt of just $5 million [16] - Cash provided by operating activities was $1 billion, and the free cash flow was $870 million, indicating significant cash generation from operations [16] - The company has a consistent track of dividend payments, paying out $2.2 billion, $2.5 billion, $2.8 billion, and $3.2 billion in dividends in fiscal 2021, 2022, 2023, and 2024, respectively, demonstrating commitment to returning value to shareholders [13] Competitive Landscape - The company operates in a highly competitive talent market, resulting in higher talent costs and increased total expenses [10] - The industry is labor-intensive and dependent on foreign talent, with advancements in automation and AI creating both opportunities and hindrances for consulting services firms [10] - The company faces competition from major players like Genpact Limited, Cognizant Technology Solutions, and Infosys, with increasing pricing pressure in Europe [14]

One of the more closely watched stocks in the tech world lately has been consulting company Accenture (ACN -1.56%). That's because it's plunging deep into the rapaciously hungry market for artificial intelligence (AI) know-how. Unlike the typical tech (or tech-adjacent) stock, Accenture is a steady, and reliable, dividend payer, handing out a shareholder distribution every quarter. For investors who believe in the company, here's how much of a stake is required to draw $1,000 annually from its dividends.AI ...

Accenture plc (ACN) has reported better-than-expected first-quarter fiscal 2025 results.See Zacks Earnings Calendar to stay ahead of market-making news.ACN’s earnings (excluding 13 cents from non-recurring items) of $3.6 per share outpaced the Zacks Consensus Estimate by 6.2% and increased 28.7% from the year-ago quarter. Total revenues of $17.7 billion beat the consensus estimate by 3.1% and gained 9.1% on a year-over-year basis.The company’s shares have gained 14.5% in the past six months, underperforming ...

Shares of Accenture (ACN 6.79%), which provides business and technology strategies to companies, jumped this morning after the company reported better-than-expected results for the fiscal first quarter of 2025, ended Nov. 30.The company beat top- and bottom-line consensus estimates, spurring Accenture's management to raise the company's full-year revenue guidance. That sent the company's share price up 6.6% as of 11:46 am ET. An impressive quarterAccenture's revenue increased 9% in the first quarter (ending ...

Accenture plc (NYSE:ACN) Q1 2025 Earnings Conference Call December 19, 2024 8:00 AM ET Company Participants Katie O'Conor - Managing Director, Head of IR Julie Sweet - Chair & CEO Angie Park - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Jason Kupferberg - Bank of America Bryan Keane - Deutsche Bank Darrin Peller - Wolfe Research Jim Schneider - Goldman Sachs Dave Koning - Baird James Faucette - Morgan Stanley Keith Bachman - BMO Capital Markets Bryan Bergin - TD Cowen Operator Good day and w ...

Key TakeawaysAccenture shares surged Thursday after its first-quarter results topped estimates.Revenue and profits grew year-over-year as AI bookings climbed, and Accenture lifted its full-year revenue growth projections.Thursday's gains brought Accenture shares back into positive territory for the year, recovering from Wednesday's losses. Shares of Accenture (ACN) surged Thursday after the professional services and consulting firm reported first-quarter results that topped analysts' expectations and lifte ...

Shares are on track for their best day since JuneInformation technology services firm Accenture Plc (NYSE:ACN) reported better-than-expected fiscal first-quarter revenue and hiked its full-year outlook. The shares are up 7.3% to trade at $373.24 at last glance, on track for their best single-day percentage win since June and trading at their highest level since October. ACN is staging a bounce off familiar support at the $350 level, and added 21% in the last six months.Options traders are already chiming in ...

For the quarter ended November 2024, Accenture (ACN) reported revenue of $17.69 billion, up 9% over the same period last year. EPS came in at $3.59, compared to $3.27 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $17.16 billion, representing a surprise of +3.08%. The company delivered an EPS surprise of +6.21%, with the consensus EPS estimate being $3.38.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

On Thursday, Accenture Plc ACN reported first-quarter fiscal 2025 sales of $17.69 billion compared with the analyst consensus estimate of $17.12 billion, up 9% year-over-year in U.S. dollars and 5% in local currency. Revenues were approximately $240 million above the top end of the company's guided range of $16.85 billion to $17.45 billion. The adjusted EPS of $3.59 topped the analyst consensus estimate of $3.39.Also Read: Accenture Lands $1.6B US Air Force Deal To Elevate Cloud One: DetailsConsulting reven ...