Accenture (NYSE:ACN) is gearing up to release its quarterly earnings report on Thursday, September 26, 2024, before the market opens. This announcement is highly anticipated by investors and analysts alike, as it provides a snapshot of the company's financial health and operational performance. Accenture, a global professional services company, offers a broad range of services and solutions in strategy, consulting, digital, technology, and operations. It operates in a competitive landscape, going head-to-head with other consulting giants such as Deloitte, PwC, and McKinsey & Company. The earnings per share (EPS) estimate set by Wall Street analysts for this quarter is $2.77, with projected revenue of approximately $16.38 billion.
The EPS estimate of $2.77 represents a year-over-year increase of 2.2%, indicating a positive growth trajectory for Accenture. This growth is further underscored by the expected revenue of $16.33 billion for the quarter, marking a 2.2% rise from the same quarter in the previous year. Such financial metrics are crucial for investors as they reflect the company's ability to grow its earnings and expand its operations amidst the competitive and ever-evolving global market.
Over the past 30 days, the consensus EPS estimate has been revised upwards by 0.6%, a testament to the analysts' growing confidence in Accenture's performance. This positive reassessment is likely influenced by the company's strategic initiatives and its ability to adapt to market demands, including the application of Generative AI (GenAI) for large-scale transformations. These technological advancements not only enhance Accenture's service offerings but also position it as a leader in innovation within the consulting industry.
Accenture's history of exceeding the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 2.9%, further bolsters expectations for a strong performance in the upcoming earnings report. Such a track record of earnings surprises plays a significant role in shaping investor expectations and can lead to positive stock price movements if the trend continues.
Given the company's solid financial indicators and the optimistic projections by analysts, there is a high probability that Accenture will beat earnings expectations for the fourth quarter. This potential outcome is supported by Accenture's strategic use of technology, its consistent growth in bookings, and its ability to deliver innovative solutions to its clients. As the earnings report date approaches, investors and market watchers will be keenly observing how Accenture's financial performance aligns with these expectations.
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Accenture (NYSE:ACN) is a global professional services company that provides a wide range of services in strategy, consulting, digital, technology, and operations. The company is known for its expertise in digital transformation and innovation, particularly in leveraging artificial intelligence (AI) to enhance business processes. Accenture competes with other consulting giants like IBM and Deloitte in the technology and consulting sectors.
On June 20, 2025, Accenture reported impressive earnings per share (EPS) of $3.49, surpassing the estimated $3.32. This performance also exceeded the Zacks Consensus Estimate of $3.30 per share, marking a significant improvement from the previous year's EPS of $3.13. This indicates a strong upward trend in the company's profitability.
Accenture's revenue for the quarter reached approximately $17.73 billion, exceeding the estimated $17.32 billion. This achievement is attributed to the growing demand for its AI-driven services among enterprise customers, as highlighted by Reuters. The company's ability to leverage AI has been a key factor in boosting its financial performance and meeting Wall Street's expectations.
Despite the positive earnings report, Accenture's stock is experiencing a decline. This suggests that investors may have had even higher expectations or concerns about other factors affecting the company's outlook, as noted by Barrons. In response to the strong earnings, Accenture has raised its full-year guidance, indicating confidence in its future performance.
Accenture's financial metrics provide further insight into its market valuation. The company has a price-to-earnings (P/E) ratio of approximately 25, reflecting the amount investors are willing to pay for each dollar of earnings. Its price-to-sales ratio and enterprise value to sales ratio both stand at about 2.85, indicating a consistent market valuation of its revenue. With a debt-to-equity ratio of about 0.28, Accenture maintains a relatively low level of debt compared to its equity, suggesting financial stability.
Accenture plc (NYSE:ACN) is a global professional services company, providing a range of services in strategy, consulting, digital, technology, and operations. The company is known for its strong presence in the IT services industry, competing with firms like IBM and Deloitte. Accenture is set to release its third-quarter fiscal 2025 earnings on Friday, June 20, before the market opens.
Wall Street estimates Accenture's earnings per share (EPS) to be $3.27, while analysts anticipate a slightly higher EPS of $3.32, reflecting a 5.1% year-over-year increase from $3.13. This growth is indicative of Accenture's robust performance across its segments. The consensus EPS estimate has been revised upward by 1.3% over the past 30 days, suggesting positive sentiment among analysts.
Accenture's revenue is projected to be approximately $17.26 billion, with analysts expecting a slightly higher figure of $17.3 billion. This represents a 4.5% increase from $16.47 billion in the same period last year. The company's strategic acquisition of Japan-based Yumemi is expected to bolster its digital product offerings, potentially driving future revenue growth.
Accenture's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of 25.46, indicating the price investors are willing to pay for each dollar of earnings. Its price-to-sales ratio is 2.91, and the enterprise value to sales ratio is 2.90, reflecting the value placed on its sales. The enterprise value to operating cash flow ratio is 18.73, showing how its cash flow is valued relative to its enterprise value.
Accenture maintains a strong financial position with a debt-to-equity ratio of 0.28, indicating low debt levels compared to equity. The current ratio of 1.48 suggests that the company has sufficient liquidity to cover its short-term liabilities. With an earnings yield of 3.93%, Accenture offers a reasonable return on investment for shareholders. JP Morgan analyst Tien-Tsin Huang's Overweight rating on the company further underscores the positive outlook ahead of the earnings call.
Accenture (NYSE:ACN) delivered better-than-expected second-quarter results, but shares dropped more than 8% intra-day today.
For the quarter, earnings per share came in at $2.82, narrowly surpassing the analyst estimate of $2.81. Revenue reached $16.7 billion, marking an 8.5% increase in local currency, and exceeding the $16.63 billion consensus forecast.
While overall bookings totaled $20.9 billion, falling 3.2% year-over-year and missing the $21.69 billion estimate, generative AI-related deals contributed $1.4 billion, reflecting the growing role of AI-driven transformation in client strategies.
The company’s gross margin declined to 29.9% from 30.9% a year earlier, missing expectations of 31.2%, but operating margin improved to 13.5%, up from 13% last year, highlighting operational efficiencies.
Looking ahead, Accenture narrowed its full-year EPS guidance to $12.55-$12.79, tightening its prior range of $12.43-$12.79, with analysts expecting $12.72. The company raised its revenue growth forecast to 5%-7%, improving on its previous projection of 4%-7%.
Accenture (NYSE:ACN) delivered better-than-expected second-quarter results, but shares dropped more than 8% intra-day today.
For the quarter, earnings per share came in at $2.82, narrowly surpassing the analyst estimate of $2.81. Revenue reached $16.7 billion, marking an 8.5% increase in local currency, and exceeding the $16.63 billion consensus forecast.
While overall bookings totaled $20.9 billion, falling 3.2% year-over-year and missing the $21.69 billion estimate, generative AI-related deals contributed $1.4 billion, reflecting the growing role of AI-driven transformation in client strategies.
The company’s gross margin declined to 29.9% from 30.9% a year earlier, missing expectations of 31.2%, but operating margin improved to 13.5%, up from 13% last year, highlighting operational efficiencies.
Looking ahead, Accenture narrowed its full-year EPS guidance to $12.55-$12.79, tightening its prior range of $12.43-$12.79, with analysts expecting $12.72. The company raised its revenue growth forecast to 5%-7%, improving on its previous projection of 4%-7%.
Accenture (NYSE:ACN) is a global professional services company that provides consulting, technology, and outsourcing services. It operates in various industries, including communications, media, and technology. Accenture competes with firms like IBM and Deloitte. On December 20, 2024, Jefferies maintained its "Hold" rating for Accenture, with the stock priced at $366.37. Jefferies also raised its price target from $355 to $385.
Goldman Sachs analyst James Schneider has a more optimistic view, increasing Accenture's price target from $420 to $430 and maintaining a "Buy" rating. Schneider believes Accenture will sustain its post-earnings gains due to stronger revenue results and guidance. Despite foreign exchange pressures, Schneider sees significant secular tailwinds for Accenture.
Accenture's stock price is currently $366.37, reflecting a decrease of 1.56% or $5.79. The stock has traded between $362 and $370.70 today. Over the past year, it reached a high of $387.51 and a low of $278.69. Accenture's market capitalization is approximately $229.16 billion, with a trading volume of 967,971 shares on the NYSE.
Jefferies' decision to maintain a "Hold" rating suggests a cautious approach, while Goldman Sachs' "Buy" rating indicates confidence in Accenture's future performance. The differing price targets reflect varying expectations for the company's growth and ability to navigate current market conditions.
Accenture (NYSE:ACN) is a leading global professional services company, providing a wide range of services in strategy, consulting, digital, technology, and operations. The company operates in over 120 countries and serves clients across various industries. Accenture competes with other major consulting firms like IBM, Deloitte, and Capgemini.
On December 19, 2024, Accenture reported earnings per share (EPS) of $3.59, surpassing the estimated $3.42. This positive performance reflects the company's ability to manage costs and drive profitability. The actual revenue of approximately $17.69 billion also exceeded the estimated $17.15 billion, showcasing strong demand for Accenture's services.
The company's first-quarter 2025 earnings report further highlights its robust financial health. Accenture's revenue exceeded expectations, driven by improved performance across its segments. This success led to a surge in the company's stock price, as highlighted by Investopedia, and an upward revision of its full-year revenue growth forecast.
Accenture's financial metrics indicate strong market confidence. The price-to-earnings (P/E) ratio of approximately 44 suggests high expectations for future earnings growth. The price-to-sales ratio of about 4.78 and enterprise value to sales ratio of 4.73 reflect the company's valuation in relation to its sales, indicating investor willingness to pay a premium for Accenture's shares.
The company's enterprise value to operating cash flow ratio of approximately 26.68 shows how many times the operating cash flow is covered by its enterprise value. With an earnings yield of about 2.27%, Accenture offers a modest return on its earnings relative to its share price. The debt-to-equity ratio of approximately 0.20 suggests a conservative use of debt, while a current ratio of about 1.47 indicates a healthy level of liquidity to cover short-term liabilities.
Accenture (NYSE:ACN) is a global professional services company that provides consulting, technology, and outsourcing services. It operates in various industries, including communications, media, and technology. Accenture competes with firms like IBM and Deloitte. On December 20, 2024, Jefferies maintained its "Hold" rating for Accenture, with the stock priced at $366.37. Jefferies also raised its price target from $355 to $385.
Goldman Sachs analyst James Schneider has a more optimistic view, increasing Accenture's price target from $420 to $430 and maintaining a "Buy" rating. Schneider believes Accenture will sustain its post-earnings gains due to stronger revenue results and guidance. Despite foreign exchange pressures, Schneider sees significant secular tailwinds for Accenture.
Accenture's stock price is currently $366.37, reflecting a decrease of 1.56% or $5.79. The stock has traded between $362 and $370.70 today. Over the past year, it reached a high of $387.51 and a low of $278.69. Accenture's market capitalization is approximately $229.16 billion, with a trading volume of 967,971 shares on the NYSE.
Jefferies' decision to maintain a "Hold" rating suggests a cautious approach, while Goldman Sachs' "Buy" rating indicates confidence in Accenture's future performance. The differing price targets reflect varying expectations for the company's growth and ability to navigate current market conditions.