The company is on a bit of a spending spree and not everyone is happy about it.Accenture (ACN -2.63%) is on a shopping spree, and at least some investors are probably wishing it would put away its credit card. On Wednesday, the business consultancy and services company announced its third acquisition in as many days. The market reacted by trading Accenture's stock down by almost 3%, a steeper tumble than the S&P 500 index's sub-1% slide.Three acquisitions in three daysWednesday's acquisition target for Acce ...

Accenture plc (ACN) shares have had an impressive run over the past year, gaining 18%.The company has a disciplined acquisition strategy focused on channelizing its business in high-growth areas, adding skills and capabilities, and deepening industry and functional expertise.Accenture yesterday announced that it will acquire Italian consultancy firm Intellera Consulting for an undisclosed amount.Established in 2021 and with main offices in Rome and Milan, Intellera Consulting employs more than 1,400 profess ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Times are tough for the consulting business.Professional services firm Accenture has cut its revenue forecast for 2024, according to its quarterly report. The firm previously said it was expecting revenues to grow between 2% to 5% this year but is now expecting a growth rate more like 1% to 3%.Accenture's chief executive Julie Sweet told analysts in a call that clients continue to cut back. Related storie ...

Accenture plc (ACN) has reported mixed second-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.ACN’s earnings (excluding 14 cents from non-recurring items) of $2.8 per share surpassed the Zacks Consensus Estimate by 4.1% and improved 3% from the year-ago quarter. Total revenues of $15.8 billion missed the consensus estimate marginally and declined slightly from the year-ago quarter.Revenues in DetailBased on the type of work, Managed Services reve ...

Accenture plc (NYSE:ACN) Q2 2024 Earnings Call Transcript March 21, 2024 8:00 AM ET Company Participants Katie O'Conor - Managing Director, Head of Investor Relations Julie Sweet - Chair and Chief Executive Officer KC McClure - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Bryan Keane - Deutsche Bank James Faucette - Morgan Stanley Bryan Bergin - TD Cowen Dave Koning - Baird Jamie Friedman - Susquehanna Ashwin Shirvaikar - Citi Operator Good morning. Thank you for standing ...

For the quarter ended February 2024, Accenture (ACN) reported revenue of $15.8 billion, down 0.1% over the same period last year. EPS came in at $2.77, compared to $2.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $15.82 billion, representing a surprise of -0.14%. The company delivered an EPS surprise of +4.14%, with the consensus EPS estimate being $2.66.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

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) 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 ...

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 ...

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 ...