Accenture Stock Drops 15.1% After Q2 Revenue Guidance Misses Estimates

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Accenture reported second-quarter fiscal 2026 results that met revenue expectations but issued weaker-than-expected guidance, sending shares down 15.1% to $133.35 immediately after the announcement. Revenue rose 5.6% year on year to $18.72 billion, in line with analyst estimates of $18.8 billion, while GAAP earnings per share of $3.80 beat the consensus estimate of $3.70 by 2.8%. However, the company's revenue guidance for the third quarter of $18.08 billion at the midpoint fell 2.3% below analyst estimates of $18.5 billion. The operating margin was 17%, in line with the same quarter last year, and free cash flow margin was 19.2%, similar to the prior year. Accenture's market capitalization stood at $102.8 billion.

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Accenture plc
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Q3 revenue guidance of $18.08B missed estimates by 2.3%, causing a 15.1% stock drop.