Accenture Q4 Earnings: Revenue And Profit Beat, $20B In New Bookings, Dividend And Buyback Boost
Portfolio Pulse from Anusuya Lahiri
Accenture reported strong Q4 earnings with revenue and profit exceeding expectations. The company announced $20 billion in new bookings, a 15% dividend increase, and a $4 billion share buyback. Accenture's outlook for fiscal 2025 is positive, with expected revenue and EPS growth.
September 26, 2024 | 11:56 am
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Accenture's Q4 earnings exceeded expectations with $16.41B in revenue and $2.79 EPS. The company announced $20B in new bookings, a 15% dividend increase, and a $4B share buyback, indicating strong financial health and shareholder returns.
Accenture's strong Q4 performance, with revenue and EPS beating estimates, along with significant new bookings, a dividend increase, and a share buyback, suggests positive investor sentiment and potential stock price appreciation. The company's positive outlook for fiscal 2025 further supports this view.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100