Accenture Reports Third-Quarter Fiscal 2024 Results

Can F3Q make Accenture great again? Mizuho weighs in

Mizuho analysts remain bullish on Accenture (NYSE: ACN) despite a challenging year to date, pointing to the company's recent third-quarter (F3Q) results as a potential turning point.

In a June 20 note, Mizuho acknowledged that "F3Q was less bad than feared," highlighting management's narrowing of the full-year revenue... More

Accenture plc (ACN) PT Raised to $350 at Citi

Citi analyst Ashwin Shirvaikar raised the price target on Accenture plc (NYSE: ACN) to $350.00 (from $340.00) while maintaining a Buy rating.

The analyst comments "Despite bottomed-out investor sentiment heading into the print, Accenture was able to deliver relatively solid results that surpassed even our... More

Deutsche Bank on Accenture plc (ACN): 'Pricing Remains Under Pressure'

Deutsche Bank analyst Bryan Keane reiterated a Hold rating and $295.00 price target on Accenture plc (NYSE: ACN)

The analyst comments "ACN reported 3Q24 revenue of $16,467m (-0.6% Y/Y, +1.4% cc) and EPS of $3.13, slightly below estimates, as the company's organic... More

Accenture plc (ACN) PT Lowered to $375 at Evercore ISI

Evercore ISI analyst David Togut lowered the price target on Accenture plc (NYSE: ACN) to $375.00 (from $390.00) while maintaining a Outperform rating.

The analyst comments "For 3Q/FY24, Accentures $3.13 adjusted EPS modestly missed EVRISI & Consensus estimates by $0.05 and $0.01, respectively. And the continuing weak discretionary IT... More

Accenture (ACN) Misses Q3 EPS by 4c, Beats on Revenue; Offers FY24 EPS Guidance

Accenture (NYSE: ACN) reported Q3 EPS of $3.13, $0.04 worse than the analyst estimate of $3.17. Revenue for the quarter came in at $16.5 billion versus the consensus estimate of $16.6 billion.

GUIDANCE:

Accenture sees FY2024 EPS of $11.85-$12.00, versus the consensus of $12.08.

For earnings history and earnings-related data on Accenture (ACN) click here.