Recently, Accenture's financial report has captured the attention of investors. The company's fourth-quarter revenue exceeded expectations, reaching $16.41 billion, a year-on-year increase of 2.6%. Particularly encouraging is that Accenture's new business orders grew by 21%, totaling $20.1 billion, with generative AI orders surpassing $1 billion for the first time, reaching a total of $3 billion for the year.
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Julie Sweet, CEO of Accenture, stated that generative AI will be the most transformative technology in the next decade, which is reflected in the growth of the company's business. To meet market demands, Accenture's earnings per share (EPS) for the fourth quarter reached $2.66, and the adjusted EPS was $2.79, both in line with market expectations.
In addition, Accenture announced a 15% increase in its quarterly dividend, from $1.29 to $1.48 per share, undoubtedly bringing more returns to shareholders. Shareholders will receive this dividend before the record date of October 10, with the payment date set for November 15. Meanwhile, the company's board of directors approved an additional $4 billion in stock buyback plans, bringing the total to $6.7 billion.
Affected by this news, Accenture's stock price rose 5% during Thursday's morning trading, breaking through the $354.07 mark. This increase has put the company's stock performance on a positive track for the year.
Accenture has attracted market attention with its success in the field of generative AI, and its future prospects are therefore even brighter.
Key Points:
- 🚀 Accenture's fourth-quarter revenue reached $16.41 billion, exceeding market expectations, a year-on-year increase of 2.6%.
- 💡 New business orders surged 21% to $20.1 billion, with generative AI orders exceeding $1 billion for the first time.
- 💰 Dividends per share increased by 15% to $1.48, with a 5% rise in stock price, overall performance improved.