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Accenture beats estimates; raises full-year guidance
March 20, 2026
|Financial Express Lucknow
Q2 BOOKINGS STRONG ON AI DEMAND, NEAR-TERM SPENDING CAUTIOUS
NASDAQ-LISTED IT SERVICES major Accenture, reported second-quarter results that exceeded Bloomberg estimates on revenue and earnings, supported by steady demand for artificial intelligence-led transformation, but a softer third-quarter outlook weighed on investor sentiment and dragged shares lower in pre-market trading.
Revenue for the February quarter rose 8.3% year-on-year to $18.04 billion, ahead of Bloomberg consensus estimates of $17.86 billion. Earnings per share came in at $2.93 compared with $2.82 a year earlier. The company reported bookings of $22.1 billion, up 5.7%, broadly in line with expectations, reflecting continued deal momentum even as client spending remains measured.
Accenture follows a September-August financial year.
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