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Accenture Beats Q3 Estimates with $2.2B Profit, Highlights Gen AI Momentum
Revenue hits $17.73B, driven by strong growth in managed services and consulting. EPS rises 15% to $3.49, outpacing expectations, as bookings and cash flow remain robust.
Accenture PLC (NYSE: ACN) on Friday reported fiscal third-quarter net income of $2.2 billion, or $3.49 per share, surpassing Wall Street estimates. The average estimate from eight analysts surveyed by Zacks Investment Research was $3.30 per share.
The Dublin-based consulting giant posted revenue of $17.73 billion for the quarter, exceeding the $17.29 billion forecast by seven analysts surveyed by Zacks.
Growth was seen across services and regions. Managed services revenue rose 9%, while consulting increased 7%. Regionally, the Americas led with $8.97 billion in revenue, followed by EMEA at $6.23 billion and Asia Pacific at $2.53 billion.
"I am very pleased with our third quarter fiscal 2025 results, including our 30 clients with quarterly bookings greater than $100 million, broad-based growth and continued expansion of our leadership in Gen AI," said Accenture Chair and CEO Julie Sweet. "Companies need resilience and results, and we are laser-focused on delivering measurable value for our clients, which is fueling our growth and making a difference for us in the market."
Among industry segments, Products was the top performer with $5.34 billion in revenue. Financial Services and Health & Public Service also recorded 13% growth in local currency.
Diluted earnings per share increased 15% year-over-year and 12% on an adjusted basis. Accenture also reported free cash flow of $3.5 billion and paid a quarterly dividend of $1.48 per share, a 15% increase. The company repurchased or redeemed 6.0 million shares for a total of $1.8 billion during the quarter.
Looking ahead, Accenture expects fiscal fourth-quarter revenue between $17 billion and $17.6 billion and full-year earnings between $12.77 and $12.89 per share. It also anticipates an operating margin of 15.6%, representing a 10 basis point expansion over the adjusted margin.
Despite solid performance, Accenture shares are down 13% year-to-date, while the S&P 500 has gained approximately 2%. Over the past 12 months, Accenture stock has risen slightly.
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