Accenture plc (NYSE:ACN) is set to announce third quarter earning results on Thursday 25th June 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ACN to report 3Q20 income of $ 1.85 per share.
For the full year, analysts anticipate top line of $ 44266.80 million, while looking forward to income of $ 7.58 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 10,750.00 million ~ $ 11,150.00 million
Full Year 2020 topline are forecasted in a range of$ 44,511.00 million ~ $ 45,808.00 million, where as bottomline are predicted in a range of $ 7.48 ~ $ 7.70 per share
Stock Performance
According to the previous trading day, closing price of ACN was $ 201.84, representing a 47.17 % increase from the 52 week low of $ 137.15 and a 6.72 % decrease over the 52 week high of $ 216.39.
The company has a market capital of $ 128.76 billion and is part of the Technology sector and Information Technology Services industry.
Recent Analyst recommendations
On 18th June 2020, downgraded by Wells Fargo & Co to Equal-Weight from Overweight rating, with $ 200.00 target price.
On 17th June 2020, maintained by Citigroup at Buy rating, with $ 230.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.80 per share on March 19, 2020. The dividend were payable on May 15, 2020 to holders of record as of the close of business on April 16, 2020 and ex-dividend date on April 15, 2020.
Conference Call
Accenture plc will be hosting a conference call at 8:00 AM eastern time on 25th June 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/acn/mediaframe/36572/indexr.html
Accenture plc provides consulting, technology, and outsourcing services in Ireland and internationally. Its Communications, Media & Technology segment provides professional services for clients to accelerate and deliver digital transformation, develop industry-specific solutions, and enhance efficiencies and business results for communications, media, high tech, software, and platform companies. The companys Financial Services segment offers services for profitability pressures, industry consolidation, regulatory changes, and the need to continually adapt to new digital technologies for banking, capital market, and insurance industries.
