Accenture(ACN)
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Accenture (ACN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-06-20 14:30
For the quarter ended May 2024, Accenture (ACN) reported revenue of $16.47 billion, down 0.6% over the same period last year. EPS came in at $3.13, compared to $3.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $16.52 billion, representing a surprise of -0.35%. The company delivered an EPS surprise of -0.32%, with the consensus EPS estimate being $3.14.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...
Accenture Earnings Shock: Why My Pessimism Didn't Pay Off (Rating Upgrade)
Seeking Alpha· 2024-06-20 14:26
LuckyBusiness/iStock via Getty Images Investment Thesis Accenture plc (NYSE:ACN) delivered exceptionally strong Q3 2024 results, with new bookings increasing by 22% y/y, marking the highest growth in new bookings over the past two fiscal years. Before these results, I had given up on this stock, believing its prospects were already fully priced in. However, I was clearly mistaken. Although the stock isn't cheap, trading at approximately 23x next year's EPS, its solid balance sheet, commitment to returni ...
Accenture (ACN) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-06-20 12:50
Accenture (ACN) came out with quarterly earnings of $3.13 per share, missing the Zacks Consensus Estimate of $3.14 per share. This compares to earnings of $3.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.32%. A quarter ago, it was expected that this consulting company would post earnings of $2.66 per share when it actually produced earnings of $2.77, delivering a surprise of 4.14%.Over the last four quarters, the compa ...
Accenture(ACN) - 2024 Q3 - Earnings Call Presentation
2024-06-20 12:05
Q3 FY24 Performance Growth in new bookings reflects strategy to lead reinvention for clients ***Material, Non-Public - Not To Be Distributed Further*** $3.13 1 Total Revenues Geographic Markets** (Revenues and Growth in Local Currency) $16.5B $7.8B North America $5.8B EMEA Increase of 1.4% in local currency and decrease of 1% in USD 1% 2% 8% $2.9B Growth Markets Industry Groups (Revenues and Growth in Local Currency) Communications, Media & TechnologyFinancial ServicesHealth & Public Service Products Resour ...
Accenture(ACN) - 2024 Q3 - Quarterly Report
2024-06-20 10:44
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34448 Accenture plc (Exact name of registrant as specified in its charter) Ireland 98-0627530 (State or other jurisdiction ...
Accenture(ACN) - 2024 Q3 - Quarterly Results
2024-06-20 10:43
Exhibit 99 Accenture Reports Third-Quarter Fiscal 2024 Results • New bookings of $21.1 billion, an increase of 22% in U.S. dollars and 26% in local currency • Generative AI new bookings of over $900 million for a total of $2 billion fiscal year-to-date • Revenues of $16.5 billion, a decrease of 1% in U.S. dollars and increase of 1.4% in local currency, with consulting revenues of $8.5 billion and managed services revenues of $8.0 billion • GAAP operating margin of 16.0%, an increase of 180 basis points over ...
Accenture to acquire Italy's Fibermind to expand European footprint
Invezz· 2024-06-19 13:29
Accenture Plc (NYSE: ACN) is in focus this morning after announcing plans of buying Fibermind – a network services company based out of Palermo, Italy. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The Irish professional services giant completed its acquisition of Parsionate as well on June 6th. Details of Accenture-Fibermind agreementCopy link to sectionAccenture Plc did not disclose what it’s willing to pay for Fibermind on Wednesday. Accenture di ...
Accenture Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-06-19 08:42
Loading...Loading...Accenture plc ACN is set to release third quarter financial results, before the opening bell on Thursday.Analysts expect the Dublin, Ireland-based company to report quarterly earnings at $3.15 per share, down from $3.19 per share in the year-ago period. Accenture is expected to post revenue of $16.54 billion, according to data from Benzinga Pro.On Monday, L3Harris Technologies LHX and Accenture announced a strategic collaboration to accelerate technology reinvention for growth.Accenture ...
Accenture stock forecast and Q3 earnings preview
Invezz· 2024-06-19 07:30
Accenture (NYSE: ACN) stock price has nosedived since March as investors focus on the upcoming earnings. It has dived by more than 26% from its highest point this year, meaning that it has moved into a deep bear market. Other IT consulting companies like Infosys and Wipro have also dived.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Accenture earnings aheadCopy link to sectionAccenture, one of the biggest consulting companies in the world, will be i ...
Accenture (ACN) to Report Q3 Earnings: What's in Store?
ZACKS· 2024-06-17 16:26
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 ...