Accenture gains on raising annual revenue forecast
ReutersMar 20, 2025 11:13 AM
IT services provider Accenture's ACN.N shares up 1.2% to $328.20 premarket
Company raises lower end of fiscal 2025 revenue growth forecast to 5% to 7% vs prior expectations of 4% to 7%
Analysts' average estimate for annual revenue growth was 5.7%, according to data compiled by LSEG
Company says its Q2 revenue up ~5% from a year earlier to $16.66 bln vs est $16.62 bln
Reports generative AI new bookings of $1.4 bln in Q2
As of last close, ACN shares down ~8% this year
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