Anticipated Highlights From Accenture's Upcoming Quarterly Financial Statement
Accenture, the €167 billion juggernaut based in the Dublin, is a world leader in professional services. This tech titan partners with top businesses, governments, and organizations worldwide to boost their digital foundations, streamline operations, fuel growth, and enhance public services.
On Friday, June 20th, Accenture is scheduled to unveil its Q3 earnings. Financial analysts anticipate the company to report an adjusted EPS of €2.92, marking a 4.5% growth from the €2.82 they reported in the same quarter last year. Although the company has stumbled on meeting earnings expectations twice in the past four quarters, it has managed to surpass them on two other occasions.
With a projected adjusted EPS of €12.68 for the entire fiscal 2025, Accenture is set for a 6.1% increase from the €11.95 it reported in fiscal 2024. In fiscal 2026, its earnings are expected to surge further by 5.8% year-over-year, reaching €13.41 per share.
Accenture's stock prices have plummeted 1.6% over the past 52 weeks, trailing behind the S&P 500 Index's monumental 8.7% gains and the Technology Select Sector SPDR Fund's 4.2% uptick during the same time frame.
After publishing its mixed Q2 results on Mar. 20, Accenture's stock took a 7.3% dive. The company reported a 5.4% year-over-year increase in revenues, reaching €16.7 billion, just edging out Wall Street's topline expectations. Although the company's earnings increased nearly 7% year-over-year to €2.82 per share, it missed the Street's expectations by a slim margin. Meanwhile, the company's new bookings during the quarter decreased 3% year-over-year to €20.9 billion, unnerving investors. However, following the initial drop in prices, ACN stock managed to remain in the green for the next four trading sessions.
The consensus view on ACN stock remains primarily optimistic, with a "Moderate Buy" overall rating. Out of 24 analysts covering the stock, opinions include 16 "Strong Buys," one "Moderate Buy," and seven "Holds." A mean price target of €281.04 suggests a potential 21% increase from current price levels.
As investors eagerly await Accenture's upcoming Q3 earnings, it's worth noting that, according to recent forecasts, the company's local-currency revenue growth is expected to slow down to a 3–7% range (5% midpoint), down from 8.5% growth in Q2. Historically, Accenture has exceeded EPS estimates 75% of the time. To uncover precise comparisons between 2022 results and analyst expectations, investors should consult historical SEC filings or earnings transcripts.
- Financial analysts predict Accenture, the tech giant with a market cap of €167 billion, will report an adjusted EPS of €2.92 in Q3, a 4.5% growth from the previous year.
- The projected adjusted EPS for the entire fiscal 2025 stands at €12.68 for Accenture, with a projected 6.1% increase from fiscal 2024.
- Despite Accenture being a world leader in professional services, its stock prices have lagged behind, plummeting 1.6% over the past 52 weeks, while the S&P 500 Index and the Technology Select Sector SPDR Fund experienced 8.7% and 4.2% gains, respectively.
- Analysts covering Accenture's stock have a primarily optimistic view, with a "Moderate Buy" overall rating, and a mean price target of €281.04, suggesting a potential 21% increase from current price levels.
