{"id":72463,"date":"2026-10-01T07:08:14","date_gmt":"2026-10-01T11:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/accenture-and-mccormick-co-beat-estimates-as-fy-2027-outlooks-take-center-stage\/72463\/"},"modified":"2026-10-01T07:08:14","modified_gmt":"2026-10-01T11:08:14","slug":"accenture-and-mccormick-co-beat-estimates-as-fy-2027-outlooks-take-center-stage","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/accenture-and-mccormick-co-beat-estimates-as-fy-2027-outlooks-take-center-stage\/72463\/","title":{"rendered":"Accenture and McCormick &#038; Co Beat Estimates as FY 2027 Outlooks Take Center Stage"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Accenture (<a href=\"\/stock\/ACN\">ACN<\/a>)<\/strong> outperformed Q4 expectations with <strong>$18.7 billion in revenue<\/strong> and a significant <strong>$22.2 billion in new bookings<\/strong>, driven by strong demand for enterprise AI and digital transformation.<\/li>\n<li><strong>McCormick &amp; Co (<a href=\"\/stock\/MKC\">MKC<\/a>)<\/strong> reported a Q3 earnings beat with <strong>adjusted EPS of $0.86<\/strong>, surpassing the $0.76 estimate, even as organic volumes saw a slight <strong>0.3% decline<\/strong>.<\/li>\n<li>Accenture issued optimistic <strong>FY 2027 guidance<\/strong>, projecting revenue growth of <strong>3% to 6%<\/strong> and GAAP diluted EPS between <strong>$14.39 and $14.81<\/strong>.<\/li>\n<li>McCormick reaffirmed its full-year 2026 outlook, maintaining an adjusted EPS target of <strong>$3.05 to $3.13<\/strong> while continuing integration planning for its proposed Unilever Foods combination.<\/li>\n<\/ul>\n<h2>Accenture Capitalizes on AI Demand with Record Bookings<\/h2>\n<p>Accenture (<a href=\"\/stock\/ACN\">ACN<\/a>) delivered a robust fourth-quarter performance for fiscal 2026, posting <strong>revenue of $18.7 billion<\/strong>, which exceeded the high end of its own guidance and analyst estimates of $18.03 billion. The professional services giant reported a <strong>GAAP diluted EPS of $3.29<\/strong>, a sharp increase from the $2.25 reported in the same period last year. This growth was supported by a record-breaking <strong>$22.2 billion in new bookings<\/strong>, signaling that enterprise budgets for technology consulting and artificial intelligence remain resilient.<\/p>\n<p>Looking ahead to fiscal 2027, the company expects to maintain its momentum with projected <strong>revenue growth of 3% to 6%<\/strong> in local currency. Management has set an earnings target of <strong>$14.39 to $14.81 per share<\/strong>, representing a 3% to 6% increase over fiscal 2026 adjusted figures. CEO Julie Sweet highlighted the company&#39;s ability to return a record <strong>$11.5 billion to shareholders<\/strong> over the past year, reinforcing its position as a stable leader in the IT services sector.<\/p>\n<h2>McCormick &amp; Co Sustains Growth Amid Shifting Consumer Habits<\/h2>\n<p>McCormick &amp; Co (<a href=\"\/stock\/MKC\">MKC<\/a>) reported solid third-quarter results, with <strong>net sales rising 17.4% to $2.02 billion<\/strong>, beating the $1.98 billion consensus. The company\u2019s <strong>adjusted EPS of $0.86<\/strong> comfortably cleared the $0.76 analyst estimate. While organic volume growth dipped slightly by <strong>0.3%<\/strong>, the company benefited from strong pricing power and a 14% sales contribution from its McCormick de Mexico acquisition.<\/p>\n<p>The flavor leader is currently navigating a complex macroeconomic environment where consumers are increasingly opting for home-cooked meals over dining out. <em>Analysts note that McCormick&#39;s portfolio of affordable pantry staples, such as Frank\u2019s RedHot and Cholula, is well-positioned to capture this &quot;at-home&quot; trend.<\/em> Additionally, the company remains on track with its <strong>$65 billion merger<\/strong> integration with Unilever\u2019s foods business, which is expected to be significantly accretive to earnings post-close.<\/p>\n<h2>Market Outlook and Shareholder Returns<\/h2>\n<p>Both companies underscored their commitment to shareholder value through dividends and strategic guidance. Accenture (<a href=\"\/stock\/ACN\">ACN<\/a>) plans to return at least <strong>$9.5 billion<\/strong> to investors in fiscal 2027, bolstered by a <strong>3.56% dividend yield<\/strong>. Meanwhile, McCormick (<a href=\"\/stock\/MKC\">MKC<\/a>) reaffirmed its full-year 2026 guidance, expecting <strong>net sales growth of 13% to 17%<\/strong>.<\/p>\n<p>Despite the positive quarterly results, both stocks have faced broader market headwinds throughout the year. <em>Investors remain focused on how Accenture\u2019s AI-related bookings will translate into long-term revenue and whether McCormick can reverse its slight volume declines as it integrates its massive new acquisition.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Accenture (ACN) outperformed Q4 expectations with $18.7 billion in revenue and a significant $22.2 billion in new bookings, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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