Accenture Q4 revenue beats estimates, FY27 outlook raised

Nasdaq-listed IT services major Accenture on Thursday raised its revenue growth outlook for fiscal 2027 and reported better-than-expected fourth-quarter revenue and bookings, offering a positive read-through for global technology spending and lifting American depositary receipts (ADR) of Indian IT companies in early trading.

Accenture expects revenue growth of 3-6% in local currency in FY27, compared with the 3-4% guidance it had given in the quarter ended May. The company expects first-quarter revenue of $18.95-19.60 billion, against Bloomberg estimates of $19.35-19.36 billion.