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Accenture Shares Plunge 17% After $400M War Hit Forecast

6/19/2026

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Summary

Story summary

Accenture Plc shares fell more than 17% after it forecast quarterly revenue below estimates, marking its worst one-day drop on record.
CEO Julie Sweet said the Iran-related war cost the firm about $100 million in revenue and $400 million in sales for the three months through May.
The company warned that a $400 million hit to its Middle East business in the third quarter will continue into the fourth quarter.

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Story summary

Accenture Plc shares fell more than 17% after it forecast quarterly revenue below estimates, marking its worst one-day drop on record.
CEO Julie Sweet said the Iran-related war cost the firm about $100 million in revenue and $400 million in sales for the three months through May.
The company warned that a $400 million hit to its Middle East business in the third quarter will continue into the fourth quarter.