Accenture Q4 Earnings: Insights on Revenue, Dividends, and Buybacks

Thursday, 26 September 2024, 04:56

Accenture's Q4 earnings report reveals remarkable performance with revenue surpassing expectations. Highlights include $20B in new bookings and a 15% dividend increase. The approved $4B share buyback signals strong confidence in future growth. Analysts are optimistic about Accenture's ongoing advancements in the tech sector.

Benzinga — Accenture Q4 Earnings: Insights on Revenue, Dividends, and Buybacks

Accenture's Stellar Q4 Earnings Performance

Accenture Plc (NYSE: ACN) has delivered impressive Q4 earnings with sales reaching $16.41 billion, exceeding both guidance and analyst projections. The adjusted earnings per share (EPS) of $2.79 also surpassed expectations, further solidifying the company's strong financial position.

Highlights from the Earnings Report

Revenue of $16.41B outperformed guidance.
Adjusted EPS of $2.79 exceeded analyst forecasts.
New bookings totaled $20 billion, showcasing robust demand.
Dividend increased by 15%, reflecting confidence in earnings.
$4 billion share buyback approved to enhance shareholder value.

Outlook for Future Growth

Looking ahead, analysts remain optimistic about Accenture's strategic initiatives in the tech industry that are likely to drive further growth. Q1 projections indicate continued momentum, positioning Accenture well for a successful upcoming quarter.

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