Accenture Tops Q3 Estimates, Lifts Full-Year Sales, Profit Outlook
The company reported earnings per share (EPS) of $3.49 on revenue that grew 8% year-over-year to $17.73 billion. Analysts had expected $3.29 and $17.33 billion, respectively, according to estimates compiled by Visible Alpha.
Accenture lifted the bottom end of its full-year revenue forecast again, now projecting 6% to 7% growth from fiscal 2024, and also raised its EPS estimate to $12.77 to $12.89. Last quarter, Accenture raised the lower end of its fiscal 2025 revenue growth and EPS ranges, forecasting 5% to 7% sales growth and EPS of $12.55 to $12.79.
Despite the solid top- and bottom-line results, Accenture shares were down 3% immediately following the report's release. They entered Friday down about 13% since the start of the year.
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