(Adds Outlook)
Accenture (ACN) said, for fiscal 2025, the company increased revenue growth guidance to be in the range of 4% to 7% in local currency, compared to 3% to 6% previously. The company now expects GAAP EPS for fiscal 2025 to be in the range of $12.43 to $12.79, compared to $12.55 to $12.91 previously. The company continues to expect to return at least $8.3 billion in cash to shareholders through dividends and share repurchases.
Accenture expects revenues for the second quarter to be in the range of $16.2 billion to $16.8 billion, or 5% to 9% growth in local currency.
Q1 Results:
First quarter GAAP net income was $2.32 billion, compared with $2.01 billion, prior year. Earnings per share was $3.59, a 16% increase compared to $3.10. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $3.42, for the quarter. Analysts' estimates typically exclude special items.
First quarter revenues were $17.7 billion, an increase of 9% in U.S. dollars and 8% in local currency compared to the first quarter of fiscal 2024. Analysts on average had estimated $17.13 billion in revenue. New bookings for the quarter were $18.7 billion, with consulting bookings of $9.2 billion and managed services bookings of $9.5 billion.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.