Accenture(US:ACN) 智通财经网·2025-12-18 15:57Core Viewpoint - Accenture (ACN.US) reported strong Q1 earnings, exceeding market expectations, particularly in digital and AI sectors, despite a stock price decline of over 1.4% to $269.74 [1] Financial Performance - Adjusted Q1 EPS was $3.94, surpassing market expectations - Revenue reached $18.74 billion, a year-over-year increase of 5.9%, exceeding analyst forecasts by approximately $210 million [1] - New signed orders totaled $20.9 billion, a 12% increase year-over-year in USD, and a 10% increase in local currency [1] - Advanced AI-related new orders amounted to $2.2 billion, indicating strong client investment in AI transformation [1] - Free cash flow for the quarter was $1.5 billion, with a total of $3.3 billion returned to shareholders through buybacks and dividends [1] - Share repurchases or redemptions totaled approximately $23 billion (around 9.5 million shares), with cash dividends of $1 billion, equating to $1.63 per share, a 10% increase year-over-year [1] Future Outlook - Q2 revenue guidance is set at $17.78 billion, aligning closely with market expectations - Full-year revenue growth is projected between 2% to 5% in local currency; excluding the estimated 1% negative impact from U.S. federal government business, growth could reach 3% to 6%, slightly below the previous market expectation of 5.6% [2] - The company raised its GAAP operating margin guidance to 15.2% to 15.4%, an expansion of 50 to 70 basis points year-over-year; adjusted operating margin is expected to be 15.7% to 15.9%, expanding 10 to 30 basis points [2] - GAAP diluted EPS guidance was increased to $13.12 to $13.50, reflecting an 8% to 11% year-over-year growth; adjusted EPS is projected at $13.52 to $13.90, slightly above the consensus estimate of $13.77 [2]