Accenture (ACN) Tops Q1 EPS by 17c; offers guidance

Accenture (NYSE: ACN) reported Q1 EPS of $3.59, $0.17 better than the analyst estimate of $3.42. Revenue for the quarter came in at $17.7 billion versus the consensus estimate of $17.17 billion.

GUIDANCE:

Accenture sees Q2 2025 revenue of $16.2-16.8 billion, versus the consensus of $16.623 billion.

Accenture sees FY2025 EPS of $12.43-$12.79, versus the consensus of $12.73.

For fiscal 2025, the company raises revenue growth to be in the range of 4% to 7% in local currency, compared to 3% to 6% previously.

Accenture continues to expect GAAP operating margin for fiscal 2025 to be in the range of 15.6% to 15.8%, an expansion of 80 to 100 basis points from fiscal 2024 GAAP operating margin, and an expansion of 10 to 30 basis points from fiscal 2024 adjusted operating margin, which excludes $438 million for business optimization costs.

The company continues to expect its annual effective tax rate to be in the range of 22.5% to 24.5%.

Reflecting its increased revenue outlook and revised foreign-exchange assumption, the company now expects GAAP diluted EPS for fiscal 2025 to be in the range of $12.43 to $12.79, compared to $12.55 to $12.91 previously, an increase of 9% to 12% over fiscal 2024 GAAP diluted EPS of $11.44, and an increase of 4% to 7% over adjusted EPS of $11.95, which excludes $0.51 for business optimization costs.

For fiscal 2025, the company continues to expect operating cash flow to be in the range of $9.4 billion to $10.1 billion; property and equipment additions to be $600 million; and free cash flow to be in the range of $8.8 billion to $9.5 billion.

For earnings history and earnings-related data on Accenture (ACN) click here.

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