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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Accenture has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Accenture has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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