Accenture plc (ACN) is scheduled to release third-quarter fiscal 2024 results on Jun 20, before market open.ACN has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average being 4.9%.Q3 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $16.5 billion, suggesting a marginal decline from that reported in third-quarter fiscal 2023. The company’s top line is expected to have been negatively impacted by lower disc ...

The upcoming report from Accenture (ACN) is expected to reveal quarterly earnings of $3.14 per share, indicating a decline of 1.6% compared to the year-ago period. Analysts forecast revenues of $16.54 billion, representing a decrease of 0.2% year over year.Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of t ...

Accenture (ACN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 20. On the o ...

Accenture PLC (ACN, Financial) is one of the world's leading professional services companies, and it is driven to provide change and technological advancements for its clients. While it faces a significant threat from high-growth Indian multinational consultancy companies, I believe Accenture offers stability in its valuation. In my opinion, investors would be wise to anticipate changes in growth related to Western and emerging markets over the next few decades, but for the foreseeable future, I think Accen ...

Accenture plc (ACN) announced yesterday that it has finalized the acquisition of the Brazilian creative agency SOKO, a move that was initially disclosed on May 2. The financial terms of the deal have been kept under wraps.Founded in 2015 and headquartered in São Paulo, SOKO is renowned for its expertise in brand storytelling that engages audiences organically. The agency integrates creativity, data, and a deep understanding of culture to develop compelling brand stories. SOKO will now become part of Droga5 ...

HJBC The market as a whole is enjoying a bull market move, as the S&P 500 Index has a total return of more than 25% over the last year, there remain many names that have underperformed. One such name is professional services company Accenture plc (NYSE:ACN), which is down almost 18% year-to-date. Recent quarterly results left the market wanting, but there is still much to like about the stock long-term, including its past track record, generative AI business, and valuation. This article will take a deeper d ...

Thomas Barwick/DigitalVision via Getty Images Investment Thesis Accenture plc (NYSE:ACN) specializes in consulting services. And its stock is priced at 20x forward free cash flow. A multiple that is expensive for what Accenture offers investors. And to compound matters, the problem with paying this sort of high multiple for its stock, is that investors expect (or they demand?) that Accenture not only meets and beats its guidance but that Accenture should raise its revenue growth rates. What investors tr ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Accenture (ACN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Accenture currently has an average brokera ...

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Accenture presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.Start slideshow: 10 Oversold Dividend Stocks ...

In the latest market close, Accenture (ACN) reached $297.73, with a -1.08% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.03%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, added 0.59%.Coming into today, shares of the consulting company had lost 0.72% in the past month. In that same time, the Business Services sector gained 1.62%, while the S&P 500 gained 4.19%.Market participants will be closely following the financial results of ...