Accenture Shares Plunge 10% as Trimmed Revenue Outlook Weighs on FY26 Guidance
Summary
Accenture raised its full-year 2026 earnings and adjusted earnings guidance but simultaneously trimmed its revenue growth outlook. The company also announced a 10% increase in its quarterly cash dividend to $1.63 per share. This mixed guidance, particularly the trimmed revenue forecast, is driving a significant negative market reaction, with shares down over 10% in pre-market trading despite the boosted earnings outlook and dividend hike.
At the time of this announcement, ACN was trading at $137.48 on NYSE in the Technology sector, with a market capitalization of approximately $95.8B. The 52-week trading range was $155.82 to $315.95. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.