Accenture Earnings Preview: Get Ahead of the Analysts
Accenture (NYSE:ACN) will report earnings before markets open on Thursday, March 28th. Accenture PLC provides management and technology consulting services and solutions. The Company delivers a range of specialized capabilities and solutions to clients across all industries on a worldwide basis. Accenture’s network of businesses provides consulting, technology, outsourcing, and alliances.
Here is your Cheat Sheet to Accenture Earnings:
Earnings Expectations: Analysts expect earnings of $0.97 per share on revenues of $7.07 billion. Currently, the company’s P/E ratio stands at 20.48.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.16 to a profit $1.17. For the current year, the average estimate is a profit of $4.26, which is worse than the estimate ninety days ago.
Here’s how Accenture has been performing on an annual basis:
|Revenue ($) in millions||25,310||23,170||23,090||27,350||29,780|
|Diluted EPS ($)||2.64||2.44||2.66||3.39||3.84|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Nov. 30, 2011||Feb. 29, 2012||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012|
|Revenue ($) in millions||7,589||7,260||7,641||7,288||7,668|
|Diluted EPS ($)||0.96||0.97||1.03||0.88||1.06|
Accenture has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)