By Dean Seal
Accenture gave its full-year guidance a bump after logging higher earnings and revenue in its fiscal second quarter.
The professional-services company posted a profit of $1.79 billion, or $2.82 a share, for the quarter ended Feb. 28. That's up from $1.68 billion, or $2.63 a share, in the same period a quarter a year earlier.
Analysts polled by FactSet had been expecting $2.81 a share.
Sales rose 5% to $16.66 billion, beating analyst projections for $16.62 billion.
New bookings for the quarter came in at $20.9 billion, with $1.4 billion of that coming from generative artificial intelligence bookings.
The company narrowed its fiscal 2025 revenue expectations to a 5% to 7% gain, lifting the low end of its previous range by a percentage point. Earnings are now projected to hit $12.55 to $12.79 a share, with Accenture boosting the low end of its prior guidance by 12 cents.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
March 20, 2025 07:03 ET (11:03 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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