Accenture Fourth Quarter Earnings Sneak Peek

Accenture Ltd. (NYSE:ACN) will unveil its latest earnings on Tuesday, September 27, 2011. Accenture plc is a global management consulting, technology services and outsourcing company.

Accenture Ltd. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 89 cents per share, a rise of 34.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 82 cents. Between one and three months ago, the average estimate moved up, but it has been unchanged at 89 cents during the last month. For the year, analysts are projecting profit of $3.38 per share, a rise of 27.1% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 93 cents per share against a mean estimate of profit of 89 cents per share.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

Wall St. Revenue Expectations: On average, analysts predict $6.5 billion in revenue this quarter, a rise of 19.9% from the year ago quarter. Analysts are forecasting total revenue of $25.3 billion for the year, a rise of 17.4% from last year’s revenue of $21.55 billion.

Analyst Ratings: Analysts are bullish on this stock with 14 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

Key Stats:

The company has now seen net income rise in three straight quarters. In the third quarter, net income rose 28% while it rose 25.8% in the second quarter and 20.2% in the first quarter.

Revenue has risen the past four quarters. Revenue increased 20.6% to $7.2 billion in third quarter. The figure rose 17.3% in the second quarter from the year earlier, climbed 12.7% in the first quarter from the year-ago quarter and 6% in the fourth quarter of the last fiscal year.

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Oracle Corporation (NASDAQ:ORCL), Genpact Limited (NYSE:G), Microsoft Corporation (NASDAQ:MSFT), Hewlett-Packard Company (NYSE:HPQ), Towers Watson & Co (NYSE:TW), Infosys Tech. Ltd. (NASDAQ:INFY), Wipro Limited (NYSE:WIT), Ariba, Inc. (NASDAQ:ARBA), and Accenture Plc (XET).

Stock Price Performance: During July 26, 2011 to September 21, 2011, the stock price had fallen $7.95 (-13%) from $61.34 to $53.39. The stock price saw one of its best stretches over the last year between June 17, 2011 and July 7, 2011 when shares rose for 14-straight days, rising 17.6% (+$9.49) over that span. It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six-straight days, falling 5.4% (-$3.33) over that span. Shares are up $5.29 (+11%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

 

More from The Cheat Sheet