Accenture Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Insights - Accenture plc is set to release its third-quarter earnings results on June 20, with expected earnings of $3.32 per share, an increase from $3.13 per share in the same period last year [1] - The company anticipates quarterly revenue of $17.3 billion, up from $16.47 billion a year earlier [1] - Accenture announced the acquisition of Japan-based Yumemi to enhance its digital product and service offerings [2] Analyst Ratings - JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating and has raised the price target from $349 to $353 [5] - Morgan Stanley analyst James Faucette holds an Equal-Weight rating and has reduced the price target from $372 to $340 [5] - Barclays analyst Ramsey El-Assal keeps an Overweight rating while lowering the price target from $415 to $390 [5] - Baird analyst David Koning maintains an Outperform rating and has cut the price target from $390 to $372 [5] - BMO Capital analyst Keith Bachman holds a Market Perform rating and has decreased the price target from $425 to $370 [5]