Accenture (ACN) Reports Earnings Tomorrow: What To Expect

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Global professional services company Accenture (NYSE: ACN) will be reporting earnings this Thursday before the bell. Here’s what to look for.

Accenture beat analysts’ revenue expectations last quarter, reporting revenues of $18.04 billion, up 8.3% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but a slight miss of analysts’ full-year EPS guidance estimates.

Is Accenture a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Accenture’s revenue to grow 6% year on year, slowing from the 7.7% increase it recorded in the same quarter last year.

Accenture Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Accenture rarely misses Wall Street’s revenue estimates.

With Accenture being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for it services & other tech stocks. However, there has been positive investor sentiment in the segment, with share prices up 6.2% on average over the last month. Accenture is down 6.3% during the same time .

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