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Yahoo
19 hours ago
- Business
- Yahoo
Accenture Earnings Beat Estimates in Q3, Revenues Increase Y/Y
Accenture plc ACN has reported impressive third-quarter fiscal 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimates. ACN's earnings were $3.49 per share, beating the Zacks Consensus Estimate by 5.8%. The metric increased 11.5% from the year-ago quarter. Total revenues of $17.7 billion beat the consensus estimate by 2.6% and rose 7.7% on a year-over-year basis. The company's shares have declined marginally in the past year compared with the industry's and Zacks S&P 500 composite's 8.3% and 10.3% growth, respectively. Accenture PLC price-consensus-eps-surprise-chart | Accenture PLC Quote Based on the type of work, managed services' revenues of $8.7 billion increased 9% from the year-ago quarter on a reported basis and in local currency, surpassing our estimate of $8.5 billion. Consulting revenues gained 7% year over year on a reported basis and 6% in local currency to $9 billion, beating our estimate of $8.7 billion. Segment-wise, health and public service revenues of $3.8 billion grew 7% from the year-ago quarter on a reported basis and in local currency. The figure beat our estimation of $3.7 billion. Revenues from the resources segment amounted to $2.4 billion, rising 5% from the year-ago quarter on a reported and 4% on a local currency basis. The figure met our estimate. Revenues from the product segment amounted to $5.3 billion, increasing 7% year over year on a reported basis and a local currency basis. The figure outpaced our estimation of $5.2 billion. Communications, media and technology revenues of $2.9 billion increased 5% year over year on a reported basis and in terms of local currency, outpacing our estimate of $2.8 billion. Financial services revenues of $3 billion grew 13% from the year-ago quarter on a reported basis and in local currency. The figure met our projected figure. Geographically, revenues of $8.9 billion from the Americas rose 8% from the year-ago quarter on a reported basis and 9% on a local currency basis. The figure beat our estimation of $8.7 billion. Revenues of $6.2 billion from the EMEA gained 8% on a reported basis and 6% in local currency, beating our estimate of $6 billion. Revenues of $2.5 billion from the Asia Pacific increased 5% year over year on a reported basis and gained 4% in local currency, surpassing our estimate of $2.4 billion. The company reported bookings worth $19.7 billion in the third quarter of fiscal 2025, decreasing 6% from the year-ago quarter on a reported basis and 7% in local currency. Consulting bookings were $9.1 billion and managed services bookings were $10.6 billion. The gross margin (gross profit as a percentage of net revenues) for the third quarter of fiscal 2025 was 32.9%, down 50 basis points (bps) from the year-ago quarter. Adjusted operating income was $2.2 billion, flat with the year-ago quarter. The adjusted operating margin of 16.8% moved down 40 bps from third-quarter fiscal 2025. ACN exited third-quarter fiscal 2025 with cash and cash equivalents of $9.6 billion compared with $8.5 billion at the end of first-quarter fiscal 2025. The company generated $3.7 billion in cash from operating activities. Capital expenditure in the reported quarter was $169.1 million. The free cash flow was $3.5 billion. Accenture repurchased 6 million shares for $1.8 billion, including 5.7 million shares repurchased in the open market. The company paid out a dividend of $924 million in the third quarter of fiscal 2025. For the fourth quarter of fiscal 2025, the company hiked its revenue guidance to $17-$17.6 billion from the preceding quarter's view of $16.9-$17.5 billion. The mid-point ($17.3 billion) of the guided range is higher than the Zacks Consensus Estimate of $17.1 billion. For fiscal 2025, ACN updated its revenue growth guidance to 6-7% compared with the preceding quarter's view of 5-7% in local currency. The company's expectation for operating cash flow is raised to $9.6 billion to $10.3 billion from the previous quarter's view of $9.4-$10.1 billion. The free cash flow expectation is raised to $9 billion to $9.7 billion compared with the preceding quarter's view of $8.8 billion and $9.5 billion. Accenture carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Fiserv, Inc. FI posted mixed first-quarter 2025 results. FI's adjusted earnings per share of $2.14 beat the consensus mark by 2.9% and gained 13.8% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Adjusted revenues of $4.8 billion missed the consensus estimate by 1.6% but gained 5.5% on a year-over-year basis. Corpay, Inc. CPAY reported mixed first-quarter 2025 results. CPAY's earnings per share of $4.51 surpassed the consensus estimate by a slight margin and increased 10% year over year. The total revenues of $1 billion missed the consensus estimate by a slight margin but gained 7.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN) : Free Stock Analysis Report Fiserv, Inc. (FI) : Free Stock Analysis Report Corpay, Inc. (CPAY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Herald Sun
5 days ago
- Business
- Herald Sun
KPMG Australia hires new partners in Melbourne, Sydney, Brisbane, Perth, Canberra
Don't miss out on the headlines from Business. Followed categories will be added to My News. Here is KPMG's class of 2025. The promoted ranks include 18 partners in consulting, 17 in enterprise, 11 in each of audit and assurance, and tax and legal, 8 for deal advisory and infrastructure, and rounding out the list is office of the general counsel, clients and markets, and deputy chief financial officer. 'Reflecting the balance in our business, all divisions of our firm appointed new partners, with Consulting and KPMG Enterprise, which serves the mid-market and family offices of Australia, investing most heavily,' chief executive Andrew Yates said. 'For Consulting, this was primarily an expansion of our technology and transformation capability. For KPMG Enterprise, double-digit revenue growth drove the increase. 'We also made significant investment in our heritage businesses of Audit, Tax and Deal Advisory. 'Pleasingly, the majority of this year's new partners stem from internal promotions, reflecting our focus on leadership development and building career paths at the firm.' Originally published as KPMG's 70 new partners for 2025 named and listed by division
Gulf Insider
09-06-2025
- Business
- Gulf Insider
Dubai's Higher Education Sector Sees Nearly 20% Rise In Enrollment
Dubai is emerging as one of the world's fastest-growing higher education hubs, with total student enrollment at private institutions rising by around 20 per cent in the 2024–25 academic year, and international student numbers jumping 29 per cent, according to figures released by Dubai's Knowledge and Human Development Authority (KHDA) and global consultancy L.E.K. Consulting. More than 42,000 students are now enrolled across 41 private higher education institutions licensed by the KHDA, with international students making up 35 per cent of the total — a figure expected to rise under the emirate's Education 33 strategy. Four new international universities opened in the current academic year alone, signalling strong investor confidence in Dubai's education sector. The data was released at an exclusive high-level briefing hosted by L.E.K. Consulting's Global Education Practice recently in Dubai. The event brought together policymakers, investors, and higher education leaders to discuss Dubai's ambitions to become a world-class destination for transnational education. 'Dubai's continued growth as a global hub for higher education is testament to our leadership's vision and the ambitious goals of the Dubai Plan 33,' saidDr Wafi Dawood, CEO of the Strategic Development Sector at KHDA. 'Through E33, we are building a future where Dubai is not only a destination for quality education, but a centre of knowledge, innovation, and opportunity.' The KHDA's City of Students initiative, part of its broader Education 33 strategy, aims to increase international student enrollment to 50 per cent by 2033, bolstering the emirate's reputation as a top-tier study destination. Ashwin Assomull, partner and head of the Global Education Practice at L.E.K. Consulting, said Dubai's higher education sector represents 'one of the most compelling growth markets globally,' citing its student-friendly infrastructure, global university presence, and favourable cost and regulatory environment. 'Dubai presents a significant opportunity for international universities to meet the evolving needs of both local and international students,' he said, noting that increasing regulatory restrictions in traditional anglophone markets are pushing institutions and students to seek new education hubs. The briefing also highlighted increasing participation from Emirati students, with enrollment in international universities up 22 per cent year-on-year — underlining Dubai's dual appeal to both domestic and overseas learners.
Forbes
03-06-2025
- Business
- Forbes
Feed Forward: How Great Leaders Communicate For Growth
Souzan Bachir is Executive and Team Coach at Mira Coaching & Consulting. getty Communication is about building trust, clarity and connection. The way leaders communicate shapes how teams collaborate, navigate challenges and grow. When feedback becomes part of everyday conversation, instead of being reserved for when things go wrong, it transforms into a powerful tool for development. As a leader, your communication becomes the blueprint others follow. Whether you realize it or not, people mirror how you speak, respond under pressure and handle challenges. That's why leadership begins with self-awareness. Your words and tone set the emotional temperature of your organization. I often see leaders skip over problems or issue directives without context, assuming everyone is on the same page. But assumptions create confusion, not clarity. Effective communication means pausing to ensure alignment, explaining the 'why' behind decisions and creating space for others to contribute. The goal is genuine dialogue. Leaders sometimes fall into patterns of talking at people rather than with them, turning communication into a one-way street. Or they overload conversations with detail, losing the purpose in the process. True influence comes when communication is intentional, open and grounded in mutual understanding. When leaders engage in multi-way conversations, they cultivate trust, psychological safety and a culture where people feel heard. That's the kind of environment where teams thrive and leadership communication moves from reactive to truly impactful. When done well, feedback is about guiding someone toward what they can do next. I believe feedback should be treated as a growth conversation, not a performance judgment. It's not just about what happened in the past; it's about looking forward, empowering the person and exploring what's possible. I often call it 'feed forward' because that shift in mindset helps people see it as an opportunity, not a critique. Instead of telling someone what they did wrong, I invite them to reflect. I might ask, 'How do you think that went?' or 'What would make it better next time?' That opens the door to self-awareness and accountability, without triggering defensiveness. I encourage leaders to let go of tired formulas like the 'feedback sandwich.' Most people see right through it—it feels scripted and can shut people down before they truly engage. Instead, I use the GROW model by Sir John Whitmore: define the goal, assess the current reality, explore options, and decide on the way forward. The GROW framework works across performance conversations, coaching moments and peer-level check-ins, creating structure and fostering ownership. At its best, feedback highlights strengths, explores next steps and builds confidence. It's a conversation, not a correction. And when delivered with curiosity and care, feedback becomes one of the most powerful leadership tools we have. Feedback shouldn't be limited to when something goes wrong. It should be part of the everyday rhythm of how teams operate. One of the most powerful things leaders can do is normalize feedback by modeling it themselves. That means not just giving feedback, but also actively seeking it from peers and team members. When leaders show they're open to growth, it signals to everyone that feedback is not a threat—it's a shared tool for learning. We need to shift feedback away from being tied only to performance metrics or moments of failure. A holistic feedback culture includes celebrating soft skills, mindset and effort, not just results. Too often, I see teams race from one goal to the next without stopping to acknowledge what went well. Leaders must create space to celebrate wins just as much as they coach through challenges. Recognition should happen publicly, boosting morale and reinforcing positive behaviors. But when it comes to developmental feedback, it's best done in private, where it can be delivered with care and clarity. Both acknowledgment and feedback are essential; we need the yin and yang. People thrive when they feel seen not only for what needs to improve but also for what they're doing right. Ultimately, we all want to grow. When feedback becomes a natural, respected part of the culture, it fuels that growth for individuals and for the organization as a whole. To make feedback meaningful and safe, leaders must start with intention. Before offering any input, it's important to clarify the purpose: Why are we having this conversation? What area of growth are we aiming to support? Setting that intention helps create clarity and reduces defensiveness. Equally important is the need to ground feedback in observable behaviors, not assumptions or personal labels. Saying, 'In the last meeting, I noticed you stayed quiet,' opens up a constructive dialogue. Saying, 'You're too quiet,' shuts it down. Feedback should be specific, situational and framed in a way that invites reflection rather than resistance. The most impactful feedback conversations are collaborative. Instead of simply pointing out what needs to change, ask, 'How can I support you?' That simple question shifts the tone from correction to partnership. It reassures them they're not alone, support is available and encouraged.. Ultimately, feedback isn't about having the answers as a leader. It's about facilitating growth by helping others see where they are now, where they want to go and how you can help them get there. That's when feedback becomes a catalyst for progress instead of a source of fear. Great leadership is about listening, connecting and creating space for growth. When communication is rooted in trust and feedback is reframed as 'feed forward,' people feel empowered to improve and contribute. By modeling openness and normalizing feedback, leaders build a culture where learning is constant and acknowledgment is valued. That's how organizations and the people within them truly grow. Forbes Coaches Council is an invitation-only community for leading business and career coaches. Do I qualify?
National Post
15-05-2025
- Business
- National Post
Meradia Expands North American Footprint with Launch of Canadian Entity
Article content MONTRÉAL — Meradia, LLC, a leading US-based management consultancy specializing in Investment Operations and Technology transformation, is pleased to announce the launch of its Canadian affiliate, Meradia Canada Inc., headquartered in Montréal, Quebec. Article content Article content Canada is home to some of the world's most sophisticated investment managers, including Canadian pension funds, which have long been pioneers in private market investments. This sophistication means Canadian managers are challenged by a particularly unique and complex operational and technical landscape. Article content 'Meradia is uniquely positioned to address our Canadian clients' challenges with our deep expertise and proven methodologies,' said Scott A. Wybranski, CEO of Meradia. 'We have seen growing demand for our services in Canada over the past five years. Establishing Meradia Canada Inc. demonstrates a strong commitment to our Canadian clients.' Article content Meradia Canada Inc. will build a dedicated local team, tapping into Canada's rich talent pool. The Canadian affiliate will leverage Meradia's proven delivery accelerators and training programs to ensure consistent, high-quality results. Article content Montréal will serve as a strategic hub for Meradia's operations throughout the country, offering tailored consulting services to enhance data-driven decision-making and create scale in investment operations. Meradia's existing leadership will temporarily oversee Canadian operations until a full-time Canadian CEO is hired. Article content Meradia is a leader in operations and technology consulting for investment management. Since 1997, we have provided strategic advisory and implementation services that transform operational processes, performance, analytics, and reporting. Our consultants leverage decades of experience in investment performance measurement, front-to-back operations, and technical platforms to create scalable solutions. Our extensive portfolio includes institutional asset managers, asset owners, OCIOs, wealth, trust, and insurance companies. Article content Article content Article content Article content Article content Article content
