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Accenture forecasts 2024 revenue growth above estimates on AI demand

2024.06.20 07:02

© Reuters. FILE PHOTO: The logo of Accenture is displayed on a building, on the first day of the annual meeting in Davos, Switzerland, January 15, 2024. REUTERS/Denis Balibouse/File Photo

(Reuters) – IT services provider Accenture (NYSE:) projected annual revenue growth largely above estimates on Thursday, as growing adoption of artificial intelligence offsets sluggish growth in enterprise spending.

It expects annual revenue to grow 1.5% to 2.5%, compared with analysts’ expectations of 1.6%, according to LSEG data. It had earlier expected growth between 1% and 3%.



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