Accenture shines with remarkable quarterly results and optimistic forecast
- Accenture exceeds analysts' expectations with impressive quarterly results.
- Accenture's generative AI services are a significant growth factor.
Eulerpool News·
The global consulting and technology services provider Accenture exceeded analysts' expectations with impressive figures in the first quarter of the 2025 fiscal year, delighting its shareholders. The revenue growth of 9% compared to the previous year led to earnings of 17.7 billion USD, surpassing the Wall Street forecast of 17.1 billion USD. Quarterly results according to US accounting standards also provided a pleasing picture with earnings of 3.59 USD per share compared to the expected 3.42 USD.
CEO Julie Sweet emphasized that Accenture was able to achieve significant revenue increases across all business areas, both in consulting and in managed services. This diversification strategy significantly contributed to the positive development and demonstrates the company's increasing market share gains.
The new contracts amounting to 18.7 billion USD are particularly noteworthy. Of particular note is the significant increase in generative AI services, which accounted for orders worth 1.2 billion USD. These solutions, which include analytical methods, chatbot developments, and customer support, are of great interest to investors and highlight Accenture's innovation in the field of artificial intelligence.
All this led to an increase in the revenue forecast for the 2025 fiscal year. The management now expects revenue growth between 4% and 7%, with the positive development of generative AI services considered a strong growth driver. Despite the higher valuation with a price-earnings ratio of 27.2 compared to the broader market, the company continues to have good growth prospects.
Interestingly, the Motley Fool Stock Advisor advises caution when investing in Accenture, as the company is not among the top recommendations despite its impressive quarterly figures. Modern Financial Markets Data
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