Accenture Expects Q1 Revenue Of $15.85B-$16.45B Vs. $16.43B Est.
Portfolio Pulse from Benzinga Newsdesk
Accenture has projected its Q1 2024 revenues to be between $15.85 billion and $16.45 billion, a -2% to 2% change in local currency. This estimate includes a positive 2.5% foreign-exchange impact compared to Q1 2023.
September 28, 2023 | 10:52 am
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NEGATIVE IMPACT
Accenture's Q1 2024 revenue forecast is slightly below the estimated $16.43 billion. The projected -2% to 2% change in local currency and a 2.5% positive forex impact could influence investor sentiment.
The projected revenues are slightly below the estimated $16.43 billion, which could negatively impact the stock price in the short term. The -2% to 2% change in local currency and a 2.5% positive forex impact could also influence investor sentiment and stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100