The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Thursday.
Accenture stock price has imploded this year as concerns about its US government business continued. ACN has dropped in the last six consecutive weeks and is hovering near its lowest level since July last year.
Accenture disclosed Thursday (March 20) that it has lost sales and revenue in its Accenture Federal Services business unit and faces continuing uncertainty due to the Trump administration's efforts to operate the government more efficiently.
Accenture's strong market position, aggressive M&A strategy, and focus on AI and cloud computing drive impressive growth despite government spending cuts and global uncertainty. The company reported solid Q2 2025 earnings with $20.9 billion in new bookings and continued dividend growth, supported by a lean operational model. Risks include government spending cuts, global economic uncertainty, and integration challenges from elevated M&A activity, which could pressure near-term growth.
Major U.S. equities indexes slipped on Thursday, unable to add to gains posted a day earlier after the Federal Reserve said benchmark interest rates would remain at current levels. Although policymakers maintained their projections for two rate cuts this year, Fed officials struck a cautious tone about inflation and the economy.
Julie Sweet, Accenture CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent quarter, what impact Accenture may experience from DOGE cuts, and more.
Accenture plc (NYSE:ACN ) Q2 2025 Earnings Conference Call March 20, 2025 8:00 AM ET Company Participants Katie O'Conor - Managing Director, Head of IR Julie Sweet - Chair & CEO Angie Park - CFO Conference Call Participants Jason Kupferberg - Bank of America Tien-Tsin Huang - JPMorgan Bryan Keane - Deutsche Bank David Koning - Baird James Faucette - Morgan Stanley Bryan Bergin - TD Cowen Keith Bachman - BMO Capital Markets Jonathan Lee - Guggenheim Partners Darrin Peller - Wolfe Research Operator Good day, and welcome to Accenture's Second Quarter Fiscal 2025 Earnings Conference Call. All participants will be in listen-only mode.
Accenture (ACN -6.83%) stock fell 8% through 10 a.m. ET Thursday despite exceeding expectations in its earnings report for the fiscal second quarter of 2025.
Although the revenue and EPS for Accenture (ACN) give a sense of how its business performed in the quarter ended February 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Here's our initial take on Accenture's (ACN 0.11%) fiscal 2025 second-quarter financial report.
Accenture (ACN) came out with quarterly earnings of $2.82 per share, missing the Zacks Consensus Estimate of $2.84 per share. This compares to earnings of $2.77 per share a year ago.
Professional services and consulting specialist Accenture (ACN 0.11%) reported fiscal 2025 second-quarter results on Thursday, March 20, that topped analysts' consensus expectations. Revenue of $16.66 billion narrowly beat estimates of $16.62 billion and rose 5% year over year while earnings per share (EPS) came in just ahead of estimates at $2.82.