Accenture Q3 2024 Adj EPS $3.13 Misses $3.15 Estimate, Sales $16.467B Miss $16.552B Estimate
Portfolio Pulse from Benzinga Newsdesk
Accenture (NYSE:ACN) reported Q3 2024 earnings per share of $3.13, missing the analyst estimate of $3.15. The company also reported sales of $16.467 billion, falling short of the $16.552 billion estimate. This represents a 0.59% decrease in sales compared to the same period last year.
June 20, 2024 | 10:39 am
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Accenture's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $3.13 vs. $3.15 expected and sales at $16.467 billion vs. $16.552 billion expected. This could lead to a short-term negative impact on the stock price.
Both earnings per share and sales figures missed analyst expectations, which typically results in a negative market reaction. The slight decrease in sales compared to the same period last year further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100