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Accenture(ACN) - 2024 Q3 - Quarterly Report
2024-06-20 10:44
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34448 Accenture plc (Exact name of registrant as specified in its charter) Ireland 98-0627530 (State or other jurisdiction ...
Accenture(ACN) - 2024 Q3 - Quarterly Results
2024-06-20 10:43
Exhibit 99 Accenture Reports Third-Quarter Fiscal 2024 Results • New bookings of $21.1 billion, an increase of 22% in U.S. dollars and 26% in local currency • Generative AI new bookings of over $900 million for a total of $2 billion fiscal year-to-date • Revenues of $16.5 billion, a decrease of 1% in U.S. dollars and increase of 1.4% in local currency, with consulting revenues of $8.5 billion and managed services revenues of $8.0 billion • GAAP operating margin of 16.0%, an increase of 180 basis points over ...
Accenture to acquire Italy's Fibermind to expand European footprint
Invezz· 2024-06-19 13:29
Accenture Plc (NYSE: ACN) is in focus this morning after announcing plans of buying Fibermind – a network services company based out of Palermo, Italy. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The Irish professional services giant completed its acquisition of Parsionate as well on June 6th. Details of Accenture-Fibermind agreementCopy link to sectionAccenture Plc did not disclose what it’s willing to pay for Fibermind on Wednesday. Accenture di ...
Accenture Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-06-19 08:42
Loading...Loading...Accenture plc ACN is set to release third quarter financial results, before the opening bell on Thursday.Analysts expect the Dublin, Ireland-based company to report quarterly earnings at $3.15 per share, down from $3.19 per share in the year-ago period. Accenture is expected to post revenue of $16.54 billion, according to data from Benzinga Pro.On Monday, L3Harris Technologies LHX and Accenture announced a strategic collaboration to accelerate technology reinvention for growth.Accenture ...
Accenture stock forecast and Q3 earnings preview
Invezz· 2024-06-19 07:30
Accenture (NYSE: ACN) stock price has nosedived since March as investors focus on the upcoming earnings. It has dived by more than 26% from its highest point this year, meaning that it has moved into a deep bear market. Other IT consulting companies like Infosys and Wipro have also dived.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Accenture earnings aheadCopy link to sectionAccenture, one of the biggest consulting companies in the world, will be i ...
Accenture (ACN) to Report Q3 Earnings: What's in Store?
ZACKS· 2024-06-17 16:26
Accenture plc (ACN) is scheduled to release third-quarter fiscal 2024 results on Jun 20, before market open.ACN has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average being 4.9%.Q3 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $16.5 billion, suggesting a marginal decline from that reported in third-quarter fiscal 2023. The company’s top line is expected to have been negatively impacted by lower disc ...
What Analyst Projections for Key Metrics Reveal About Accenture (ACN) Q3 Earnings
ZACKS· 2024-06-14 14:15
The upcoming report from Accenture (ACN) is expected to reveal quarterly earnings of $3.14 per share, indicating a decline of 1.6% compared to the year-ago period. Analysts forecast revenues of $16.54 billion, representing a decrease of 0.2% year over year.Over the last 30 days, there has been a downward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of t ...
Analysts Estimate Accenture (ACN) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-06-13 15:18
Accenture (ACN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 20. On the o ...
Accenture to Face Intensifying Competition From Indian Companies
Gurufocus· 2024-06-13 13:01
Accenture PLC (ACN, Financial) is one of the world's leading professional services companies, and it is driven to provide change and technological advancements for its clients. While it faces a significant threat from high-growth Indian multinational consultancy companies, I believe Accenture offers stability in its valuation. In my opinion, investors would be wise to anticipate changes in growth related to Western and emerging markets over the next few decades, but for the foreseeable future, I think Accen ...
Accenture (ACN) Announces Completion of SOKO Acquisition
ZACKS· 2024-06-12 16:31
Accenture plc (ACN) announced yesterday that it has finalized the acquisition of the Brazilian creative agency SOKO, a move that was initially disclosed on May 2. The financial terms of the deal have been kept under wraps.Founded in 2015 and headquartered in São Paulo, SOKO is renowned for its expertise in brand storytelling that engages audiences organically. The agency integrates creativity, data, and a deep understanding of culture to develop compelling brand stories. SOKO will now become part of Droga5 ...