Earnings Preview: Accenture
Portfolio Pulse from Benzinga Insights
Accenture (NYSE:ACN) is set to release its latest quarterly earnings report on September 28, 2023. Analysts estimate an earnings per share (EPS) of $2.64. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $310.61 as of September 26, with a 21.53% increase over the last 52-week period.
September 27, 2023 | 2:00 pm
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NEUTRAL IMPACT
Accenture's upcoming earnings report could impact its stock price. Past performance shows a trend of share price drops following earnings beats. However, the stock has seen a 21.53% increase over the last 52-week period.
The upcoming earnings report is a significant event for Accenture. While the company has a history of share price drops following earnings beats, the overall trend for the stock has been positive over the last 52 weeks. This suggests that while there may be short-term volatility, long-term investors remain bullish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100