ACN - Accenture Stock Shoots Up After Q3 Print CEO Highlights $2B in Generative AI Sales | Benzinga
Accenture Plc (NYSE:ACN) reported third-quarter fiscal 2024 sales of $16.47 billion compared with the analyst consensus of $16.55 billion, down 1% Y/Y in U.S. dollars and up by 1.4% in local currency.
Revenues were slightly above the midpoint of the company’s guided range of $16.10 billion – $16.70 billion. Adjusted EPS of $3.13 missed the analyst consensus of $3.15.
Revenues for the quarter reflect a negative foreign exchange impact of approximately 2%, compared with the negative 1% impact previously assumed.
New bookings for the quarter were $21.06 billion, with consulting bookings of $9.28 billion and managed services bookings of $11.78 billion.
Adjusted operating income for the quarter was $2.71 billion, or 16.4% of revenues, versus 16.3% in the third fiscal ...