Accenture's Q3 earnings beat expectations, but lowered price target reflects concerns for future growth. Reorganization to streamline operations also announced.
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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.
