Accenture(ACN)
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Accenture slashes full-year revenue forecast; shares tumble
Proactive Investors· 2024-03-21 13:26
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Accenture (ACN) Q2 Earnings Top Estimates
Zacks Investment Research· 2024-03-21 12:51
Accenture (ACN) came out with quarterly earnings of $2.77 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.14%. A quarter ago, it was expected that this consulting company would post earnings of $3.14 per share when it actually produced earnings of $3.27, delivering a surprise of 4.14%.Over the last four quarters, the compan ...
Accenture(ACN) - 2024 Q2 - Quarterly Report
2024-03-21 10:46
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 February 29, 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 of (I.R.S. E ...
Accenture(ACN) - 2024 Q2 - Quarterly Results
2024-03-21 10:42
Exhibit 99 Accenture Reports Second-Quarter Fiscal 2024 Results • New bookings of $21.6 billion, the company's second-highest ever • Generative AI new bookings of over $600 million in the quarter for a total of $1.1 billion through the first half of the fiscal year • Revenues of $15.8 billion, flat in both U.S. dollars and local currency, with consulting revenues of $8.0 billion and managed services revenues of $7.8 billion • GAAP operating margin of 13.0%, an increase of 70 basis points over the second qua ...
Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-03-20 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Accenture (ACN) , which belongs to the Zacks Consulting Services industry, could be a great candidate to consider.This consulting company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 3.79%.For the most recent quarter, Acc ...
What You Need To Know Ahead of Accenture's Earnings Report Thursday
Investopedia· 2024-03-19 21:01
Analyst Estimates for Q2 FY 2024Q1 FY 2024Q2 FY 2023Revenue$15.86 billion$16.22 billion$15.81 billionDiluted Earnings Per Share$2.65$3.27$2.69Net Income$1.72 billion$2.12 billion$1.74 billion Key Metrics: New Bookings Accenture reported $18.4 billion in new bookings in the first quarter of 2024, with 47% coming from consulting bookings and 53% being from managed services. CEO Julie Sweet noted on the previous quarter's earnings call that Accenture saw a continuing decline in discretionary spending, negat ...
Accenture Acquires Flo to Speed Digital Supply Chain Transformation
PYMNTS· 2024-03-19 20:34
Professional services firm Accenture has acquired supply chain logistics specialist Flo.The deal, announced Tuesday (March 19), will move Flo’s 280 employees to the Accenture Oracle Business Group, strengthening its ability to help clients prepare for the supply chain’s digital transformation.Headquartered in the Netherlands, Flo chiefly works with enterprise clients in Europe in an array of industries including retail, automotive, consumer goods, manufacturing, mining, energy, chemicals and government.“For ...
7 Blockchain Stocks That Could Make Bitcoin's Gains Look Like Chump Change
InvestorPlace· 2024-03-19 16:02
Even as Bitcoin (BTC-USD) ETFs reach record inflow rates and continually edge against all-time highs, some investors—institutional and otherwise—don’t see the “asset class” worth buying for a long-term investment. Vanguard Group execs, for example, see Bitcoin as too speculative and not worthy of consideration for a buy-and-hold style portfolio; that’s why we haven’t yet seen Vanguard offer their own Bitcoin ETF and likely never will. But that isn’t to say there’s no solid investment opportunity to capitali ...
Accenture Acquires Flo Group to Expand Supply Chain Logistics Capabilities in Europe
Businesswire· 2024-03-19 12:16
NEW YORK & ROTTERDAM, Netherlands--(BUSINESS WIRE)--Accenture (NYSE: ACN) has acquired Flo Group, a leading European consultancy and Oracle business partner specializing in global supply chain logistics. This acquisition further enhances Accenture’s Oracle capabilities in Europe to help clients build more resilient and agile supply chains that provide end-to-end visibility. Financial terms of the transaction were not disclosed. Founded in 2007, Flo is headquartered in Rotterdam, the Netherlands with addi ...
Accenture (ACN) to Post Q2 Earnings: Here's What to Expect
Zacks Investment Research· 2024-03-18 14:56
Accenture plc (ACN) is scheduled to release second-quarter fiscal 2024 results on Mar 21, before market open.ACN has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 5.9%.Q2 ExpectationsThe Zacks Consensus Estimate for the top line is currently pegged at $15.8 billion, suggesting a marginal dip from the year-ago quarter's reported number. The expected decline due to lower discretionary spend, and so ...