Accenture Q2 revenue just beats estimates on record bookings, raises sales outlook

Accenture

19/03/2026 10:51

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    Overview
  
    * IT consulting firm's Q2 revenue slightly beat analyst expectations, rising 8% yr/yr to $18 bln
    * Adjusted EPS for Q2 rose 4% yr/yr to $2.93
    * Company reported record $22.1 bln in new bookings and raised full-yr revenue growth outlook

    
    Outlook
  
    * Accenture expects full-year revenue growth of 3% to 5% in local currency
    * Company expects full-year GAAP EPS of $13.25 to $13.50; adjusted EPS of $13.65 to $13.90
    * Accenture raises full-year free cash flow expectation to $10.8 bln to $11.5 bln

    
    Result Drivers
  
    * RECORD BOOKINGS - Co reported record Q2 bookings of $22.1 bln, including 41 clients with bookings over $100 mln
    * AI-DRIVEN GROWTH - Co said accelerating client adoption of advanced AI drove growth in the qtr
    * STRATEGIC ACQUISITIONS - Co said recent acquisitions expanded capabilities and scale to support client transformation

    
Company press release:  ID:nBw6Yq7vZa 
    
    Key Details
  
                               
                               
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
                               
                               
 Q2        Slight    $18 bln   $17.84
 Revenue   Beat*               bln (19
                               Analysts
                               )
 Q2 EPS              $2.93      
    *Applies to a deviation of less than 1%; not applicable for per-share numbers.
    
    Analyst Coverage
  
    * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 9 "hold" and 1 "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 $275.00, about 40.9% above its March 18 closing price of $195.15
    * The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 18 three months ago

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .

(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.)