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Update: Accenture's Fiscal Q4 Earnings, Revenue Rise; Offers 2025 EPS Outlook
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Update: Accenture's Fiscal Q4 Earnings, Revenue Rise; Offers 2025 EPS Outlook
Oct 3, 2024 1:43 AM

08:18 AM EDT, 09/26/2024 (MT Newswires) -- (Updates to include dividend increase, additional share repurchase authority and premarket stock move in the last three paragraphs.)

Accenture ( ACN ) reported fiscal Q4 adjusted earnings of $2.79 per diluted share, up from $2.71 a year earlier.

Analysts polled by Capital IQ expected $2.77.

Revenue for the quarter ended Aug. 31 was $16.41 billion, up from $15.99 billion a year earlier.

Analysts surveyed by Capital IQ expected $16.38 billion.

The company said it expects fiscal 2025 earnings of $12.55 to $12.91 per diluted share. Analysts surveyed by Capital IQ expect $12.79.

Accenture ( ACN ) increased its quarterly dividend by 15% to $1.48 per share, payable on Nov. 15 to shareholders of record on Oct. 10.

The company also said its board approved an additional share buyback authority of $4 billion, bringing its total outstanding authority to about $6.7 billion.

Shares of Accenture ( ACN ) were up 4% in recent Tuesday premarket activity.

Price: 351.00, Change: +13.95, Percent Change: +4.14

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