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Accenture (ACN) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
AccentureAccenture(US:ACN) ZACKSยท2024-12-16 15:16

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]