Why did ACN's Q1 2025 earnings exceed forecasts?

Accenture's Q1 2025 earnings exceeded forecasts due to strong revenue growth across all markets and industry groups, with a particular emphasis on the Products and Health & Public Service segments, which grew by 12% and 13%, respectively. The company's focus on offering services to meet customer demand for advanced technologies like generative AI and machine learning also contributed to the strong performance. In addition, Accenture reported strong quarterly bookings of $20.9 billion, with 32 clients having bookings over $100 million, which provides a positive indicator for future revenue growth. Overall, Accenture's performance in Q1 2025 was broad-based, with significant growth in key areas, leading to earnings that surpassed expectations.