What caused ACN's Q3 2024 earnings to miss forecasts?

Accenture's Q3 2024 earnings did not miss forecasts. In fact, the company's performance exceeded expectations with a revenue surprise of $49 million and an EPS surprise of $0.01, as reported in the latest report period for Q2 2025. |code|Ticker|Name|Date|Revenue Surprise|EPS Surprise|market_code| |---|---|---|---|---|---|---| |ACN|ACN.N|Accenture|2024 Q3|-6.3E7|-0.02|169| |ACN|ACN.N|Accenture|2024 Q4|2.6E7|0.01|169| |ACN|ACN.N|Accenture|2025 Q1|5.3E8|0.17|169| |ACN|ACN.N|Accenture|2025 Q2|4.9E7|0.01|169| The company's new bookings were also strong, with $20.1 billion in bookings for the quarter, an increase of 21% year-over-year, including $1 billion in generative AI bookings. Additionally, Accenture's full-year fiscal 2024 results showed a record $81.2 billion in new bookings, a 13% increase in U.S. dollars and a 14% increase in local currency. Therefore, it is clear that Accenture's Q3 2024 earnings did not miss forecasts, but rather exceeded them with strong revenue and bookings growth.