Accenture plc (ACN) Earnings Preview - BofA Securities

June 17, 2021 8:54 AM EDT
Get Alerts ACN Hot Sheet
Price: $317.68 -0.21%

Rating Summary:
    24 Buy, 13 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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BofA Securities analyst Jason Kupferberg reiterated a Buy rating and $300.00 price target on Accenture plc (NYSE: ACN) ahead of the F3Q21 earnings announcement on 6/24.

The analyst stated "Given the strength of industry demand trends and what we believe remained a conservative outlook last quarter, we anticipate ACN will again deliver both top and bottom-line upside in F3Q (BofA/Street are modeling revs/EPS of $12.86B/$2.30 and $12.78B/$2.24, respectively, and guidance is for revs of $12.55B-$12.95B), while also raising F21 guidance (which currently calls for const-curr revs growth of 6.5-8.5% and EPS of $8.32-$8.50). While this outcome is likely anticipated to some extent, we believe the print could still be a positive catalyst".

For an analyst ratings summary and ratings history on Accenture plc click here. For more ratings news on Accenture plc click here.

Shares of Accenture plc closed at $283.94 yesterday.

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