Accenture (NYSE:ACN – Get Free Report) is set to announce its earnings results before the market opens on Thursday, September 26th. Analysts expect the company to announce earnings of $2.77 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, June 20th. The information technology services provider reported $3.13 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.02). Accenture had a net margin of 10.79% and a return on equity of 27.48%. The firm had revenue of $16.47 billion during the quarter, compared to the consensus estimate of $16.55 billion. During the same quarter in the prior year, the business earned $3.19 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. On average, analysts expect Accenture to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.
Accenture Price Performance
ACN stock opened at $336.17 on Thursday. The firm has a market capitalization of $210.68 billion, a P/E ratio of 30.78, a P/E/G ratio of 3.82 and a beta of 1.24. The company’s 50 day simple moving average is $330.75 and its 200-day simple moving average is $322.68. Accenture has a 52-week low of $278.69 and a 52-week high of $387.51.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on ACN
Insiders Place Their Bets
In other news, CFO Kathleen R. Mcclure sold 1,500 shares of Accenture stock in a transaction on Monday, July 15th. The stock was sold at an average price of $315.00, for a total value of $472,500.00. Following the completion of the sale, the chief financial officer now directly owns 38,570 shares of the company’s stock, valued at approximately $12,149,550. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Kathleen R. Mcclure sold 1,500 shares of the company’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $315.00, for a total transaction of $472,500.00. Following the sale, the chief financial officer now owns 38,570 shares in the company, valued at $12,149,550. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ellyn Shook sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of $329.82, for a total value of $1,649,100.00. Following the transaction, the insider now directly owns 8,989 shares in the company, valued at approximately $2,964,751.98. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,421 shares of company stock worth $6,912,635. 0.07% of the stock is currently owned by company insiders.
About Accenture
Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.
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