Did you analyze how Accenture (ACN) fared in its international operations for the quarter ending August 2024? Given the widespread global presence of this consulting company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential fo ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.TD Cowen analyst Bryan Bergin upgraded the rating for Accenture plc ACN from Hold to Buy and raised the price target from $321 to $400. Accenture shares fell 1.7% to close at $349.70 on Friday. See how other analysts view this stock.Wolfe Research analyst Doug Leggate upgraded Hess Corporation HES from Peer Perform to Out ...

My previous investment thoughts on Accenture (NYSE: ACN ) (published in April this year) were a sell rating, as I believed the demand outlook was bleak. The share price moved as I expected, dropping from ~$332 to as low as ~$278 (my targetI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the me ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ACN over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking ...

Key TakeawaysAccenture shares could remain on watchlists after jumping more than 5% Thursday following a stronger-than-expected earnings report from the management consultancy giant, which is benefitting from rising demand for its generative AI services.A recent dip in the stock found support near the 200-day moving average, with Thursday’s gap higher forming a doji—a single candlestick pattern in which the open and close prices are similar, typically reflecting indecision among market participants.Investor ...

CHICAGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced the launch of a new platform designed to improve its global marketing capabilities while optimizing consumer experiences through expanded use of artificial intelligence (AI) and generative AI (gen AI). Working in collaboration with Accenture (NYSE: ACN) and Publicis Groupe, the company's new platform will enable faster, more efficient creation of personalized text, images and videos – helping the company's bran ...

Accenture plc (ACN) has reported better-than-expected fourth-quarter fiscal 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate.ACN’s earnings (excluding 13 cents from non-recurring items) of $2.8 per share beat the Zacks Consensus Estimate marginally and increased 3% from the year-ago quarter’s actual. Total revenues of $16.4 billion beat the consensus estimate by a slight margin and gained 2.6% on a year-over-year basis.The company’s shares have gained 10.7% which is slightly low ...

I expressed my bullish view on Accenture plc (NYSE: ACN ) in my initiation report published in June 2023, highlighting their long-term growth potential in generative AI and the continuing strength in cloud transformation. They released Q4More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid ...

Accenture plc (NYSE:ACN) Q4 2024 Earnings Conference Call September 26, 2024 8:00 AM ET Company Participants Katie O'Conor - Managing Director, Head of IR Julie Sweet - Chair & CEO KC McClure - Current CFO Angie Park - Incoming CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Jason Kupferberg - Bank of America Keith Bachman - BMO Bryan Keane - Deutsche Bank Dan Dolev - Mizuho Jim Schneider - Goldman Sachs Bryan Bergin - TD Cowen Operator Thank you for standing-by. Welcome to Accenture's Fourth Qu ...

Accenture (ACN) reported $16.41 billion in revenue for the quarter ended August 2024, representing a year-over-year increase of 2.6%. EPS of $2.79 for the same period compares to $2.71 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $16.34 billion, representing a surprise of +0.40%. The company delivered an EPS surprise of +0.72%, with the consensus EPS estimate being $2.77.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...