This was life by the growing demand for the consulting giant’s ai-driven services from enterprise customers. Accenture follows a fiscal year that ends on August 31.
Growth was broad-based, with managed services revenue up 9% and consulting up 7%. Regionally, The Americas Led with $ 8.97 billion in Revenue, Followed by Emea ($ 6.23 billion) and asia pacific ($ 2.53 billion).
Industry-Wise, Products was the Top-Performing Segment at $ 5.34 Billion, While Financial Services and Health & Public Service Both Recorded Strong 13% Growth In Local Currency.
In terms of new bookings, which represent the company’s potential for future revelation, came in at $ 19.7 billion in Q3, Down 6% in Us Dollars and 7% in Local Currency, with Consulting and MANAGED SERVICTING $ 9.08 billion and $ 10.62 billion, respectively.
Despite a 6% decline in total new bookings, the company expanded its operating margin to 16.8% from 16%, While Diluted EPS ROSE 15% to $ 3.49.
Outlook raised for second time
Accenture also hiked its full-year outlook for the second time following an update in March. Management guided for earnings between $ 12.77 and $ 12.89 a share, up from a prior range of $ 12.55 to $ 12.79 a share. The company expects fiscal Q4 Revenue of $ 17 Billion to $ 17.6 Billion.
Meanwhile, the company is grappling with a weak us federal contracting environment as the trump administration has slowed new contracts and cut existing beginnings in a bid to reduce federal sanding Led the stock to lose 13% of its value this year and has corrected 23.11% from its 2025 peak.
However, the company said these changes have not had a material impact on its operations or financial condition.
Disclaimer, The views and recommendations giving in this article are that of individual analysts. These do not represent the views of Mint. We Advise Investors to Check With Certified Experts Before Taking Any Investments Decisions.
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