Accenture beats Q4 revenue estimates; forecasts FY27 growth of 3%-6%
Accenture beats Q4 revenue estimates; forecasts FY27 growth of 3%-6%
Overview
Global consulting firm's Q4 revenue rose 6% yr/yr, beating analyst expectations
Adjusted EPS for Q4 grew 9% yr/yr
Company returned $11.5 bln to shareholders in fiscal 2026
Outlook
Accenture expects full-year 2027 revenue growth of 3% to 6% in local currency
Company forecasts full-year 2027 GAAP diluted EPS of $14.39 to $14.81
Accenture plans to return at least $9.5 bln in cash to shareholders in fiscal 2027
Result Drivers
BROAD-BASED GROWTH - Co said Q4 revenue growth was broad-based across all geographic markets, industry groups and types of work
INCREASED CLIENT BOOKINGS - Co reported 141 quarterly client bookings of $100 mln or more, a new high
INNOVATION AND AI SERVICES - Co attributed results to high level of innovation and advanced capabilities in AI and data
Company press release: ID:nBwbQM7jna
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $18.70 bln | $18.03 bln (19 Analysts) |
Q4 EPS |
| $3.29 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Accenture PLC is $190.00, about 3.6% above its September 30 closing price of $183.37
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 9 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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