Accenture is a global professional services company that specializes in providing a wide range of services and solutions in strategy, consulting, digital transformation, technology, and operations. Leveraging advanced technologies and industry expertise, Accenture helps organizations improve their performance, innovate, and navigate the complexities of the rapidly changing business landscape. The company collaborates with clients across various sectors to implement effective strategies, optimize processes, and harness the power of digital tools, ensuring they stay competitive and achieve sustainable growth. Read More
Accenture's Q3 earnings beat expectations, but lowered price target reflects concerns for future growth. Reorganization to streamline operations also announced.
The Nifty IT index lagged the broader market, with all 10 constituents in the red. Infosys, TCS, and HCL Technologies led the decline, falling up to 2.5% in early trade.
India VIX spiked 5% and broader markets remained weak amid geopolitical uncertainty. Analysts flagged 24,880 as immediate support for Nifty, with resistance near 25,220.
Shares of global professional services company Accenture (NYSE:ACN) fell 7% in the afternoon session after the company reported weak first quarter 2025 (fiscal Q3) results: bookings in the quarter (a leading indicator of revenue) missed and EPS guidance was just in line.
Accenture's stock declined on Friday after reporting strong quarterly earnings of $3.49 per share and $17.7 billion in sales. The company also announced a strategic focus on AI.
Accenture said that all of the company’s core services – strategy, consulting, marketing, design, technology, and operations – will now be combined into one unit dubbed ‘reinvention services.’
Global professional services company Accenture (NYSE:ACN) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 7.7% year on year to $17.73 billion. Guidance for next quarter’s revenue was better than expected at $17.3 billion at the midpoint, 1.3% above analysts’ estimates. Its GAAP profit of $3.49 per share was 5.2% above analysts’ consensus estimates.
