Accenture forecasts 2024 revenue growth above estimates By Reuters

(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%.