Core Insights - Analysts project Accenture (ACN) will report quarterly earnings of $3.38 per share, a 3.4% increase year over year, with revenues expected to reach $17.18 billion, reflecting a 5.9% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised down by 0.4% in the past 30 days, indicating a reassessment by covering analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections - Revenue from Consulting is projected to reach $8.81 billion, a 4.1% increase year over year [5] - Managed Services revenue is estimated at $8.33 billion, indicating a 7.3% year-over-year change [5] - Revenue from the Product industry group is expected to be $5.07 billion, reflecting a 4.3% increase from the prior year [5] - Health & Public Service revenue is projected at $3.54 billion, a 4.9% increase year over year [6] - Financial Services revenue is expected to reach $3.11 billion, indicating a 2.5% year-over-year change [6] - Communications, Media & Technology revenue is forecasted at $2.79 billion, a 4.6% increase year over year [7] - North America geographic revenue is projected to be $8.05 billion, reflecting a 6.4% year-over-year change [7] - Growth Markets revenue is expected to reach $2.88 billion, indicating a 0.8% increase [7] - EMEA geographic revenue is projected at $6.31 billion, an 8.7% increase from the year-ago quarter [8] New Bookings Estimates - Total new bookings are estimated at $19.31 billion, compared to $18.45 billion reported in the same quarter last year [8] - Managed Services new bookings are expected to be $9.90 billion, slightly up from $9.83 billion reported in the same quarter last year [9] - Consulting new bookings are projected to reach $9.41 billion, compared to $8.62 billion reported in the same quarter last year [9] Stock Performance - Accenture shares have returned +1.5% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [10]

The generative AI evolution has already driven the data center supply chain stocks through the roof, which I have covered in detail. The second stage is harnessing the productivity potential of AI by large and medium-sized companies that needExperience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and ...

Accenture (ACN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended November 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 December 19 ...

The cryptocurrency market has expanded at a rapid pace over the past month, setting the tone for a year-end rally. Bitcoin (BTC), especially, has seen a massive surge, with its price crossing $100,000 twice in the past week, thanks to an upbeat investor sentiment, following Donald Trump’s win in the U.S. Presidential election in early November.Experts had predicted a Bitcoin rally in the second half of this year and the cryptocurrency has surpassed expectations. It is now on track to reach new heights in 20 ...

Accenture (ACN -2.45%) was in the news Tuesday for yet another of the acquisitive company's asset buys. Investors weren't particularly impressed with this one, as they generally traded out of the stock following its announcement. Accenture's share price eroded by more than 2% on a day when the S&P 500 index basically traded flat.Another asset buyBefore market open that morning, the frequently acquisitive Accenture announced that it has agreed to purchase privately held AOX. The company's asset-to-be is a Ge ...

Advertisement AWS recently laid out growth plans for 2025 in internal documents.One of the initiatives is focused on working more with consulting firms.Accenture was among several consulting firms mentioned by AWS.Amazon Web Services wants to work more with consulting firms, including Accenture, part of a broader plan to spur growth in 2025, according to an internal planning document obtained by Business Insider.AWS is looking to expand work with external partners that can sell its cloud services to hundre ...

Core Insights - Qlik has been selected by Accenture to provide technology for GenWizard, a generative AI platform aimed at enhancing AI-driven insights across enterprise functions [1][2] - The collaboration focuses on overcoming barriers to AI adoption and aims to deliver accurate, timely insights through Qlik's data integration solutions [1][3] Company Overview - Qlik is a global leader in data integration, analytics, and AI, serving over 40,000 customers worldwide [7] - The company specializes in converting complex data landscapes into actionable insights, driving strategic business outcomes [7] GenWizard Platform - GenWizard is designed to help enterprises scale AI across various functions, including application management, infrastructure optimization, and software development [2][4] - The platform aims to enhance productivity, reduce operational costs, and enable smarter decision-making through generative AI [2] Technology Integration - Qlik Talend Cloud underpins GenWizard's "event fabric," ensuring seamless data movement across diverse systems [2] - Key features of Qlik's technology include real-time data integration, scalable architecture, and robust data integrity and security measures [3][4] Event Presentation - Qlik and Accenture will showcase their integration at AWS re:Invent on December 2, 2024, focusing on building real-time AI data pipelines and optimizing AI outputs [5]

Nothing can stop the SPDR S&P 500 ETF Trust ( SPY ) in 2024, the ETF added a gain of +5.96% in November and is just inches away from pushing towards a 30%+ return this year. Vanguard's Dividend Appreciation Index Fund ETFI have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sha ...

Market Overview - Bitcoin (BTC) reached an all-time high of $99,027 on November 22, followed by a slight pullback but remains above $95,500, indicating a potential new milestone ahead [1] - The rally that began in 2023 paused in Q2 but rebounded in September after the Federal Reserve's first interest rate cut, driven by optimism from Donald Trump's election win [2] Regulatory Environment - Trump's campaign promises include transforming the U.S. into the "crypto capital of the planet," with plans for a strategic Bitcoin reserve and supportive regulators, enhancing market optimism [6] - Recent Federal Reserve minutes indicate plans for gradual rate cuts, which are expected to further support cryptocurrency prices [7] Investment Opportunities - Investing in Bitcoin-centric stocks such as Coinbase Global, BlackRock, Accenture, and NVIDIA is recommended due to their strong growth potential and positive earnings revisions [3] Company Summaries - **BlackRock, Inc. (BLK)**: Expected earnings growth rate of 14.3% for the current year, with a 4.4% improvement in earnings estimates over the past 60 days, currently holds a Zacks Rank 1 [8] - **Coinbase Global, Inc.**: Provides financial infrastructure for the cryptocurrency economy, with an expected earnings growth rate of over 100% and a 3.7% improvement in earnings estimates over the last 60 days, currently holds a Zacks Rank 2 [10] - **Accenture plc (ACN)**: Focuses on Ethereum-based blockchain solutions, with an expected earnings growth rate of 6.9% and a 0.3% improvement in earnings estimates over the last 60 days, currently holds a Zacks Rank 2 [12] - **NVIDIA Corporation (NVDA)**: A leading GPU designer with an expected earnings growth rate of over 100% and a 4.3% improvement in earnings estimates over the last 60 days, currently holds a Zacks Rank 2 [14]

Core Viewpoint - Nvidia CEO Jensen Huang emphasizes the significance of enterprise AI and industrial AI as the next major developments in the AI sector, highlighting their potential to transform business operations and manufacturing processes [2][4]. Group 1: Enterprise AI - Enterprise AI is defined as the application of AI technologies to enhance productivity, customer service, cost reduction, competitive advantages, and innovation within organizations [2]. - Consulting firms like Accenture and Deloitte are leveraging Nvidia's AI technologies to implement enterprise AI solutions globally [4]. - Accenture has established a new business unit with approximately 30,000 professionals trained in Nvidia's AI technology to facilitate the rollout of enterprise AI [4][5]. Group 2: Industrial AI - Industrial AI focuses on the application of AI technologies in manufacturing, including robotics and supply chain management [2]. - Accenture is also a leader in implementing industrial AI, launching a virtual facility robot fleet simulation blueprint that integrates Nvidia's Omniverse and other platforms to create autonomous factories [5]. Group 3: Accenture's Performance and Opportunities - Accenture reported that generative AI contributed $3 billion to its new bookings in fiscal year 2024, indicating strong demand for AI solutions [5]. - Despite a high valuation with a forward P/E ratio of 28 and a PEG ratio of 2.24, Accenture's potential in AI may surpass these metrics due to the increasing need for organizations to adopt enterprise and industrial AI [6][7]. - The partnership with Nvidia is expected to provide Accenture with a competitive edge in the AI market over the coming years [7][8].