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Results▲ Bullish for Accenture
Accenture Results Spark IT Sector Rally; Cognizant, Salesforce, IBM Surge Up To 12%
The brief
- Accenture shares surged 22% after stronger-than-expected fourth-quarter results and a positive fiscal 2027 outlook
- Accenture’s outlook may support sentiment for Indian IT services firms such as Infosys
- Swiss logistics major Kuehne+Nagel opens Chennai tech centre
- Accenture faces investor scrutiny as it pivots toward AI
Accenture’s Q4 results and FY27 outlook
Accenture reported Q4 revenue of $18.7 billion, up 6% year on year and above guidance, with EPS of $3.29 beating forecasts. It forecast FY27 revenue growth of 3–6%, above estimates.
Thursday, 1 October
- Accenture Results Spark IT Sector Rally; Cognizant, Salesforce, IBM Surge Up To 12%