9/102 sources · 2 publishersUpdated Oct 8, 13:49 UTC
Accenture jumps after fourth-quarter beat and fiscal 2027 growth outlook
Accenture shares rose 21% on Thursday after its fourth-quarter earnings exceeded estimates and it issued fiscal 2027 revenue-growth guidance. The company reported GAAP earnings of $3.29 per share, revenue of $18.7 billion and new bookings of $22.2 billion.
Why it matters
The results and fiscal 2027 outlook provided the catalyst for the share-price increase. Accenture forecasts revenue growth of 3% to 6% in local currency and operating-margin expansion of 10 to 30 basis points.
Key facts
- 1Accenture shares rose 21% after the company reported fourth-quarter results and its fiscal 2027 outlook. tradingview.com
- 2Accenture reported fourth-quarter GAAP earnings of $3.29 per share, exceeding analysts' estimates by 11 cents. tradingview.com
- 3Fourth-quarter revenue increased 6.3% year over year to $18.7 billion, while new bookings were $22.2 billion. tradingview.com
- 4Accenture forecast fiscal 2027 revenue growth of 3% to 6% in local currency. tradingview.com
- 5The company forecast operating-margin expansion of 10 to 30 basis points for fiscal 2027. tradingview.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.