Key TakeawaysAccenture exceeded fourth-quarter revenue forecasts on rising demand for its generative AI services.The business management consulting firm's new bookings were up 21% to $20.1 billion, and new generative AI bookings reached $1.0 billion.Accenture also raised its quarterly dividend and share repurchase program. Accenture (ACN) shares surged Thursday when the business management consultant reported better-than-expected revenue and gave solid guidance as it boosted bookings on higher demand for ge ...

Accenture (ACN) came out with quarterly earnings of $2.79 per share, beating the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $2.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.72%. A quarter ago, it was expected that this consulting company would post earnings of $3.14 per share when it actually produced earnings of $3.13, delivering a surprise of -0.32%.Over the last four quarters, the compa ...

Exhibit 99 Accenture Reports Fourth-Quarter and Full-Year Fiscal 2024 Results • New bookings of $20.1 billion for the quarter and a record $81.2 billion for the full year, a 13% increase in U.S. dollars and 14% increase in local currency for the full year • Generative AI new bookings of $1 billion for the quarter and $3 billion for the full year • Fourth quarter revenues of $16.4 billion, an increase of 3% in U.S. dollars and 5% in local currency; GAAP operating margin of 14.3%, an increase of 230 basis poi ...

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Analysts on Wall Street project that Accenture (ACN) will announce quarterly earnings of $2.77 per share in its forthcoming report, representing an increase of 2.2% year over year. Revenues are projected to reach $16.33 billion, increasing 2.2% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates d ...

Accenture plc (ACN) is set to report fourth-quarter fiscal 2024 results on Sept. 26, before market open.The Zacks Consensus Estimate for earnings is pegged at $2.8 per share, indicating 2.2% growth from the year-ago quarter’s level. The consensus estimate for revenues is pinned at $16.3 billion, indicating 2.2% year-over-year growth. There has been no change in analyst estimates or revisions lately.Image Source: Zacks Investment ResearchThe company has an impressive earnings surprise history. Earnings surpa ...

The market expects Accenture (ACN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on September 26, 2024, might help the stock move higher if these key numbers are ...

Investors are always looking for stocks that are poised to beat at earnings season and Accenture plc (ACN) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Accentureis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicat ...

News of a delay in one important activity spooked investors.Accenture's (ACN -4.82%) top news item Tuesday wasn't all that encouraging and in reaction, investors traded the company's stock down by more than 4% on the day. The storied consultancy is delaying its annual round of promotions, a move that could affect hundreds, if not thousands, of employees.Six-month shiftThat news initially came from Bloomberg, which wrote in an article published before market open that Accenture aims to delay most of its plan ...

Key TakeawaysAccenture shares lost ground following reports that the professional services firm will postpone staff promotions.The move comes amid a challenging environment for the consultancy industry as clients take a cautious approach to spending.Citi analysts said near-term headwinds could weigh on Accenture's growth trajectory, but they maintain a positive view on the stock. Accenture (ACN) shares fell Tuesday following reports that the business strategy and consulting giant plans to delay promotions b ...