On October 1, Accenture PLC rose 19% in pre-market trading. The move was primarily driven by Accenture PLC's fiscal Q4 earnings release, which beat consensus on both top and bottom lines. The company reported adjusted EPS of $3.29, surpassing the $3.18 estimate by 3.46% and representing an 8.58% year-over-year increase from $3.03. Revenue came in at $18.70 billion, topping the $18.03 billion consensus and marking solid growth above expectations.

Adding to the bullish sentiment, UBS noted that Accenture PLC is on pace to more than double bookings with emerging alliances including NVIDIA, OpenAI, and Palantir, reinforcing the view that the company is not being disintermediated by AI. UBS highlighted AI impact on the core business, potential federal recovery, and capital returns exceeding $9 billion in fiscal 2027 as key focus areas. Recent strategic moves — including the Anthropic AI safety partnership with $1 billion each committed over five years, the AWS mid-market cloud collaboration, and the investment in AI platform Within — further underpin investor confidence in the company's AI-driven growth trajectory.

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