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 ...

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 ...

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 ...

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 ...

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 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 ...

Wall Street analysts forecast that Accenture (ACN) will report quarterly earnings of $2.65 per share in its upcoming release, pointing to a year-over-year decline of 1.5%. It is anticipated that revenues will amount to $15.8 billion, exhibiting a decline of 0.1% compared to the year-ago quarter.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their in ...

NEW YORK & BELVAUX, Luxembourg--(BUSINESS WIRE)--Accenture (NYSE: ACN) has agreed to acquire Arηs (pronounced Aris) Group, a technology services provider focused on supporting public sector transformation across Europe. The acquisition will further enhance Accenture’s public service offering, drawing on a wide range of innovative solutions to help clients take advantage of a full continuum of technology expertise and accelerate their digital transformation. Based in Luxembourg and privately held, Arηs G ...

Ireland is a popular country for international businesses to base at least a portion of their operations. As Ireland is a member state of the European Union, operating there gives companies ready access to that common market. With Ireland's low corporate tax rate, it's fairly easy for companies looking for that European presence to justify setting up a portion of their operations there. Of course, Ireland's physical separation from the rest of the continent does make things a bit difficult logistically, but ...

The most recent trading session ended with Accenture (ACN) standing at $378.72, reflecting a -0.46% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%.The the stock of consulting company has risen by 4.87% in the past month, leading the Business Services sector's gain of 2.68% and the S&P 500's gain of 3.18%.Market participants will be ...