Accenture Misses Earnings Earnings. Strong AI Bookings Push the Stock Higher.
The company says generative artificial intelligence new bookings were more than $900 million in the quarter.
Accenture's stock jumps 6% after more than $900 million in generative AI bookings in latest quarter
Accenture PLC's stock ACN rose 6% early Thursday, after the consulting firm posted fiscal third-quarter earnings showing more than $900 million in bookings from generative AI. New York-based Accenture had net income of $1.934 billion, or $3.04 a share, for the quarter to May 31, down from $2.012 billion, or $3.15 a share, in the year-earlier period.
Accenture to acquire Italy's Fibermind to expand European footprint
Accenture Plc (NYSE: ACN) is in focus this morning after announcing plans of buying Fibermind – a network services company based out of Palermo, Italy. The Irish professional services giant completed its acquisition of Parsionate as well on June 6th.
Accenture Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Accenture plc ACN is set to release third quarter financial results, before the opening bell on Thursday.
Accenture stock forecast and Q3 earnings preview
Accenture (NYSE: ACN) stock price has nosedived since March as investors focus on the upcoming earnings. It has dived by more than 26% from its highest point this year, meaning that it has moved into a deep bear market.
Accenture (ACN) to Report Q3 Earnings: What's in Store?
Accenture's (ACN) third-quarter fiscal 2024 revenues and earnings are expected to have declined year over year.
Blue-Chip Jackpots: 3 Top-Notch Stocks at Bottom-Barrel Prices
Blue-chip stocks are synonymous with stability and reliability. Investors search amongst these names to find companies with long track records of strong performance, healthy financials and established market presence.
What Analyst Projections for Key Metrics Reveal About Accenture (ACN) Q3 Earnings
Besides Wall Street's top -and-bottom-line estimates for Accenture (ACN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended May 2024.
Analysts Estimate Accenture (ACN) to Report a Decline in Earnings: What to Look Out for
Accenture (ACN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Accenture to Face Intensifying Competition From Indian Companies
Accenture PLC (ACN, Financial) is one of the world's leading professional services companies, and it is driven to provide change and technological advancements for its clients. While it faces a significant threat from high-growth Indian multinational consultancy companies, I believe Accenture offers stability in its valuation.
Accenture (ACN) Announces Completion of SOKO Acquisition
SOKO becomes part of Droga5 Sao Paulo, a part of Accenture (ACN) Song, bringing with it around 300 employees.
Accenture names insider Angie Park as new CFO
Accenture said on Tuesday that Angie Park, currently leading its Business and Commercial Finance division, will take on the role of the company's CFO on Dec. 1, replacing KC McClure.
