What trends are visible in ACN's earnings surprises?

Accenture's (ACN) earnings surprises have shown a mixed trend over the past periods:

1. **Recent Negative Earnings Surprise**:
- ACN missed the Zacks Consensus Estimate of $2.84 per share, earning $2.82 per share in Q2 2025.
- This compared to earnings of $2.77 per share in the same quarter of the previous year, representing a slight increase.
2. **Historical Performance**:
- ACN has surpassed consensus EPS estimates two times over the last four quarters.
- The company has also topped consensus revenue estimates three times over the same period.
3. **Trends in Bookings and Revenue Growth**:
- Despite a 3% decline in new bookings, revenue grew by 5% year-over-year to $16.66 billion, slightly surpassing estimates.
- The company's revenue growth guidance for fiscal 2025 is set at 5% to 7%, indicating a positive outlook for future earnings.
4. **Profitability and Cash Flow**:
- Operating profit margin improved by 50 basis points to 13.5%, contributing to a 7% year-over-year growth in per-share profits.
- Free cash flow was robust at $2.68 billion, a 35% increase from the previous year's fiscal Q2.

In conclusion, while ACN has recently missed earnings estimates, the company's historical performance shows a pattern of exceeding expectations in certain quarters. The trends in bookings, revenue growth, profitability, and cash flow indicate a strong operational performance and financial health, which could positively influence future earnings and support investor confidence.