Accenture Q1 earnings, strong US economy bode well for IT stocks: Analysts

Accenture earnings, IT stocks India: After a rough patch, the Indian IT sector is poised for a sustainable earnings recovery, analysts said on Friday. The optimism, they said, has found ‘credence’ after global consultant Accenture’s Q1 earnings.

On Thursday, Accenture, a Fortune Global 500 company headquartered in Dublin, posted a revenue of $17.7 billion for September-November (Q1) quarter of financial year 2024-25 (Q1FY25).