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 20251.
ACN Revenue Surprise, EPS Surprise
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 bookings2. 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 currency3.
Therefore, it is clear that Accenture's Q3 2024 earnings did not miss forecasts, but rather exceeded them with strong revenue and bookings growth.