Accenture plc (NYSE:ACN) will release earnings results for its first quarter before the opening bell on Thursday, Dec. 18.Analysts expect the Dublin, Ireland-based company to report quarterly earnings at $3.72 per share, up from $3.59 per share in the year-ago period. The consensus estimate for Accenture's quarterly revenue is $18.53 million. Last year, it reported $17.69 million in revenue, according to Benzinga Pro.On Tuesday, Accenture agreed to acquire a majority stake in US-based AI data center enginee ...

Accenture plc (NYSE:ACN) erased earlier gains Tuesday as investors weighed analyst optimism against acquisition news.The consulting firm initially rose after Morgan Stanley upgraded the stock and raised its price forecast.Morgan Stanley lifted Accenture to Overweight from Equal-Weight. Analyst James Faucette raised its price forecast to $320 from $271. Also Read: Palantir Technologies: Analyst Expects AI Tailwinds To Support Growth MomentumAccenture Makes AI Infrastructure MoveAccenture announced an agreeme ...

the unemployment rate ticking up for a fourth straight month to 4.6%. Joining me now, Muhammad Alerian, Alian's chief economic advisor. And Muhammad, the listen, I'm having a little bit of trouble with this jobs report.I don't know about you, just in terms of getting that clear picture of what is really going on. >> So, we should really look through this report. >> Okay.>> There are so many distortions and I think Sher Pal was absolutely right when he said we shouldn't take anything out of it. But if you pu ...

"We are experiencing accelerating momentum in the data center industry,†said Neil Chauhan, chief innovation officer, DLB. "Fueled by the promise of an AI-driven future, there is a collective focus and urgency to quickly provide and deploy compute at scale. Together DLB and Accenture will be well positioned to deliver on the ambitious build programs of hyperscalers, emerging hyperscalers, neo-clouds and colocation providers.†"We are entering a new era where companies need AI-ready infrastructure that's bui ...

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.Considering buying ACN stock? Here’s what analysts think: Read This Next: Photo via Shutterstock ...

As McKinsey & Co. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. “We will kick some ass as we start our second century,” the firm’s top executive told the thousands of attendees.But away from the 100-year festivities in Chicago, McKinsey bosses have been conveying a more pragmatic message: It’s time to get leaner. The firm’s leadership has discussed with managers in non-client-facing departments the need to cut about 10% of headcount across th ...

Wall Street analysts expect Accenture (ACN) to post quarterly earnings of $3.74 per share in its upcoming report, which indicates a year-over-year increase of 4.2%. Revenues are expected to be $18.56 billion, up 4.9% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's earning ...

McKinsey & Co., the business strategy consulting firm that has long advised CEOs and Fortune 500s on how to “streamline” their workforces, is now preparing to cut its own workforce. The company is planning deep cuts across its non-client-facing staff, Bloomberg reports, as much as 10% of headcount within some areas, a move that could eliminate several thousand jobs over the next 18 to 24 months. The job cuts come at a moment of simultaneous growth and contraction for the consulting industry. After a mul ...

CGI Inc. (NYSE:GIB) is a prominent player in the technology and professional services sector. The company specializes in providing a wide range of IT and business consulting services. CGI's offerings include systems integration, outsourcing, and managed services, catering to various industries. The company competes with other major firms like Accenture and IBM in the global market.On December 14, 2025, CIBC downgraded CGI's stock from "Outperform" to "Neutral," as reported by TheFly. This downgrade came whe ...

Accenture (NYSE: ACN) announced a new investment in WEVO, the AI-powered customer research platform that enables firms to simulate and validate behaviors before launching their actual products and services. The investment, led by Accenture Ventures, will incorporate WEVO’s capabilities within Accenture Song’s GrowthOS, a platform designed to help clients “turn customer needs into scalable revenue.”The collab aims to solve one of the pressing challenges in business today: how to keep pace with “changing cust ...