Accenture Cash Generation Strength and Rising $100M Bookings Despite Stock Drop
Accenture’s stock has fallen sharply, but its cash generation points to continued strength, producing about 11.7% of market value in free cash flow per year. Core results appear supported by rising momentum: 104 client bookings over $100 million in the first nine months of the fiscal year. The focus shifts to a fourth-quarter revenue test, with guidance for $17.75 billion to $18.4 billion.