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Accenture's Q3 revenue forecast missed estimates due to cautious spending and project delays, despite strong Q2 results and rising bookings.
Accenture forecast third-quarter revenue of $18.35 billion to $19.00 billion, slightly below the $18.72 billion analyst average, citing cautious enterprise spending and delays in large IT projects due to economic uncertainty.
Despite a strong second quarter with $18.04 billion in revenue—8.3% higher year-over-year and above estimates—and a profit of $2.93 per share, the company warned of a 1% revenue impact in fiscal 2026 from reduced government spending.
New bookings rose 6% to $22.1 billion, signaling future demand, but clients remain focused on cost control and short-term initiatives.
Shares fell more than 3% in premarket trading.
La previsión de ingresos del tercer trimestre de Accenture no alcanzó las estimaciones debido a gastos cautelosos y retrasos en los proyectos, a pesar de los sólidos resultados del segundo trimestre y el aumento de las reservas.