Accenture Soars 17% After Q4 Revenue Hits $18.68 Billion
Updated
Updated · CNBC · Oct 1
Accenture Soars 17% After Q4 Revenue Hits $18.68 Billion
3 articles · Updated · CNBC · Oct 1
Summary
Accenture jumped 17% in premarket trading after reporting fiscal fourth-quarter results that beat both its own guidance and Wall Street estimates.
Revenue reached $18.68 billion, topping Accenture's $17.75 billion-to-$18.4 billion outlook and the $18.3 billion FactSet consensus, while earnings came in at $3.29 a share above expectations.
The move made Accenture one of the biggest premarket gainers, outpacing other earnings-driven advances including McCormick's nearly 5% rise and Rocket Lab's 4.5% gain.
Elsewhere, Alphabet added 2% after unveiling its Gemini 4 Argon AI model, showing investor focus remained on companies delivering either stronger results or fresh growth catalysts.