Accenture (NYSE: ACN) disclosed third quarter results on Thursday, reporting stronger annual sales and earnings trends despite softer analyst comparisons.
The company disclosed earnings of $3.80 per share for the latest quarter, versus earnings of $3.49 per share reported a year earlier, while Wall Street analysts had projected earnings of $3.71 per share.
Quarterly revenue improved to $18.70 billion from $17.70 billion reported in the prior-year quarter, though results came in below Wall Street expectations of $18.75 billion.
Sharing its expectations for the upcoming period, Accenture guided revenue forecast for the fourth quarter of fiscal year 2026 in the range of $17.75 billion to $18.40 billion, versus analyst estimates of $18.47 billion.
In addition, The organization reported earnings expectations for the fiscal year 2026 in the range of $13.78 to $13.90 per share, compared with analyst expectations of $13.85 per share. revenue expectations was set between $71.76 billion and $72.46 billion, versus consensus estimates of $74.01 billion.
Accenture Chair and CEO Julie Sweet, stated, “Accenture delivered a strong third-quarter, with broad-based revenue growth, a 9% increase in EPS, and $8.2 billion returned to shareholders year-to-date.”
