Why Accenture Stock Tumbled on Thursday
Accenture (NYSE: ACN) stock fell 8% through 10 a.m. ET Thursday despite exceeding expectations in its earnings report for the fiscal second quarter of 2025.
Analysts had forecast Accenture would earn $2.81 per share on $16.6 billion in sales. In fact, Accenture earned $2.82 per share on sales of $16.7 billion for the period ended Feb. 28.
Not all the news was good. While revenue grew 5% year over year, Accenture noted that new bookings, which can foreshadow future revenue trends, actually declined 3% in the quarter.
Source Fool.com
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