Accenture Stock Rises 7% Despite Q3 Earnings Miss, Boosted by AI Momentum
TL;DR Summary
Accenture's stock surged 7% despite missing Q3 earnings expectations, driven by a 22% increase in new bookings and strong growth in its AI business. The company expects modest sales growth for the full year and maintains a favorable price-to-free-cash-flow ratio, making it an attractive investment.
- Why Accenture Stock Popped a Lucky 7% on Thursday The Motley Fool
- Accenture Misses Earnings Estimates. Why the Stock Is Rising. Barron's
- Accenture reports over $900M in Q3 bookings from gen. AI Yahoo Finance
- Accenture Stock: Q3 Earnings Miss But Shares Rise On AI Momentum Investor's Business Daily
- Accenture (NYSE:ACN) Pre-Earnings: Here's What to Expect - TipRanks.com TipRanks
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