Accenture (ACN) reported higher revenue but lower profit than analysts expected for its fiscal 2025 second quarter.
Accenture raised the lower end of its annual revenue forecast on Thursday, betting on growing demand for its services to help clients integrate AI-powered tools into their operations.
Accenture (ACN) is scheduled to report earnings for the second quarter of fiscal 2025 on Thursday morning, with analysts expecting the consulting and professional services stock to reverse its recent losses.
I reiterate a 'Strong Buy' rating on Accenture with a one-year target price of $415 per share, despite recent stock price pressures. Accenture's Q1 FY25 results showed 8% constant revenue growth and 10% adjusted EPS growth, with healthy 12-month rolling booking growth. Accenture's investment in AI and cloud computing positions it well for future growth, despite current economic and US federal government spending uncertainties.
ACN's top line in the second quarter of fiscal 2025 is likely to have gained from a surge in bookings and GenAI market expansion.
Evaluate the expected performance of Accenture (ACN) for the quarter ended February 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
In the most recent trading session, Accenture (ACN) closed at $318.82, indicating a +0.55% shift from the previous trading day.
Accenture (ACN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Accenture (ACN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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The acquisition will likely enhance ACN's ability to help clients overcome challenges in planning and executing large-scale infrastructure and modernization projects.
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