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Recently, Zacks.com users have been paying close attention to Accenture (ACN). This makes it worthwhile to examine what the stock has in store.
Evaluate Accenture's (ACN) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Accenture's GenAI pivot is gaining traction, with $5.1B in bookings, but still only 4% of total revenues—progress, but not yet transformative. Q3 earnings and revenue beat expectations, yet bookings contracted 6% year-over-year, signaling persistent macro headwinds and project cancellations. Interestingly, management is increasingly prioritizing share buybacks over acquisitions, reflecting rising confidence in the stock's value and a shift in capital allocation strategy.
CEO Julie Sweet said Accenture is doubling down on AI in an earnings call on Friday. She said the firm is creating a new business division focused on AI called "reinvention services.
ACN tops third-quarter fiscal 2025 estimates with 11.5% y/y EPS growth and 7.7% revenue gain, lifting the FY25 guidance across key financial metrics.
The headline numbers for Accenture (ACN) give insight into how the company performed in the quarter ended May 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Accenture PLC (NYSE:ACN) shares moved lower before Friday's opening bell after the professional services firm reported a 7% year-over-year drop in bookings to $19.7 billion. This overshadowed an earnings beat for the fiscal third quarter and boosted full-year sales and profit guidance.
Accenture (ACN) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $3.13 per share a year ago.
Accenture said it was combining several of its services into one business unit, part of a change of a broader effort tied to the time of growing artificial intelligence adoption, effective Sept. 1.
Accenture (ACN) stock fell in premarket trading Friday as the professional services firm's fiscal third-quarter bookings fell short of analysts' estimates.
NEW YORK--(BUSINESS WIRE)--Accenture reported financial results for the third quarter of fiscal 2025 ended May 31, 2025.