Accenture Q4 2024 Earnings: Key Insights and Analysis
ACN Earnings Overview
Accenture (NYSE: ACN) has released its fourth quarter 2024 earnings results, revealing significant growth and robust performance metrics. Revenues for the quarter reached $16.4 billion, marking a 3% increase in US dollars and a 5% increase in local currency compared to last year. This positive momentum signals strong demand in the technology and software services sectors.
Key Financial Metrics
- Net income attributable to Accenture plc was $1.68 billion, up from $1.37 billion last year.
- GAAP EPS experienced a 24% increase, reaching $2.66, while adjusted EPS saw a 3% rise to $2.79.
- New bookings were reported at $20.1 billion, reinforcing confidence in future growth.
Future Outlook
Accenture anticipates revenues for the first quarter of 2025 to range between $16.85 billion and $17.45 billion. For the full fiscal year 2025, the projected revenue growth stands at 3-6% in local currency with GAAP EPS forecasted to be between $12.55 and $12.91. These outlooks indicate a strong foundation for sustained growth in the upcoming quarters.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.