Earnings Preview: Accenture
Portfolio Pulse from Benzinga Insights
Accenture (NYSE:ACN) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts predicting an EPS of $2.66. Historical data shows mixed reactions to past earnings reports, with the last quarter beating estimates but resulting in a slight share price drop. Shares have risen 39.4% over the last year, indicating strong long-term performance. Investors will be keenly watching for both the earnings outcome and the company's future guidance.
March 20, 2024 | 2:01 pm
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Accenture is expected to report an EPS of $2.66 for the upcoming quarter. Historical performance shows varied reactions to earnings reports, with a notable 39.4% increase in share price over the past year.
Given Accenture's positive share price movement over the past year and its history of beating EPS estimates, there's a high likelihood of a positive short-term impact on ACN's stock price, especially if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100