Yes! The Accenture (ACN) Machine Rolls On - Q3-2010 Beats Wall Street

Lisa Chapman, Big4.com
June 24, 2010

Accenture (NYSE: ACN) just released Q3-2010 results for quarter ended May 31, 2010, with net revenues of $5.57 billion and EPS of 73 cents. Both were ahead of expectations of $5.48 billion revenue and EPS of 69 cents,

We had said in our earlier blog post (http://www.big4.com/?page=blog_item&url=accenture-q3-2010-tomorrow-an-earnings-round-up-571), “We would be surprised by a beat, though given Accenture’s global breadth and scale, that would not be completely out of the question.”

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Accenture Q3-2010 Tomorrow, An Earnings Round Up

Lisa Chapman, Big4.com

June 23, 2010

Accenture reports its third quarter 2010 earnings tomorrow, Thursday, June 24, 2010 just after market close. Wall Street analysts are expecting $5.48 billion in revenue and 69 cents a share EPS.

There have been a number of developments prior to this release. Recently, Citi maintained its Buy rating on the stock with a target price of $50.

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Accenture Q2-2010 EPS Out Tomorrow March 25th, 2010

Accenture releases its Q2-2010 quarterly earnings tomorrow March 25, 2010.

NYSE: ACN shares are at $41.80 down 1.49% today ahead of earnings in a day where the Dow Jones is down 46 points due to a general downgrade of Portugal’s debt. But note that Accenture shares are trading close to their all-time highs. The stock hit its 52-Week high of $43.89 in January 2010 and set its 52-Week low of $26.33 in April 2009....

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Accenture Q1-2010 Revenue Short But EPS Beats Street. Good Outlook

Accenture Q1-2010 Revenue Short, But EPS Beats Street. Good Outlook

Accenture (NYSE:ACN) just reported Q1-2010 results after market close today. The full earnings release is available on the Accenture.com investor relations site. We will only provide our quick analysis here at this time...

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Accenture Q4-2009 In Line, But Sober Outlook Below Investor Expectations

Accenture just reported its fourth quarter of 2009 and full year of 2009 results at 4 pm on October 1, 2009.  billion (versus $21.58 Wall Street expectations), a 8% decrease in U.S. dollars and flat in local currency. EPS of $2.44 plus $0.24 impact from the restructuring charge for total of $2.68 (versus $2.68 Wall Street expectations) compared with $2.65 in fiscal 2008. New bookings were $23.90 billion. Operating income was $2.64 billion, and operating margin was 12.3%. Absent the restructuring charge, annual operating income was $2.90 billion and annual operating margin was 13.4%...

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Accenture Q3-2009, Big Change From Prior Quarter – Investors Love It

In March 2009, Accenture (NYSE: ACN) delivered a shock to investors when it reported revenues and EPS for Q2-2009 under what investors were generally expecting and then dialed down expectations. For Q2-2009, Accenture’s EPS was 63 cents, 1 cent better than consensus expectations of 62 cents, but revenue of $5.27 billion was far less than what Wall Street was expecting at $5.53 billion. At that time, Accenture shares sank $4.60, or 14.4 percent, to $27.36 in morning trading on Friday, March 27, 2009. Management’s Q2-2009 commentary was sobering, and talked about sudden and dramatic shifts in clients and projects...

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Tough Q2-2009 Bar for Accenture, but Likely to Match Expectations

Accenture is reporting its Q2-2009 (for the three months from November 2008 to February 2009) results on Thursday March 26, 2009, and the consensus Wall Street analyst estimate for earnings is 62 cents per share compared to year-ago 64 cents per share in Q2-2008, 3% lower. This is the average estimate from 18 analysts who follow the stock and have varying estimates between 58 cents and 67 cents per share...

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Accenture Stock Holding Up, Tremendous Operating Performance

Accenture (NYSE:ACN) stock has performed extraordinary well over this credit crisis and against the sinking global stockmarket. In 2008, the Accenture stock fell only 7.6%, 30% better than its industry and 31% better than the S&P500 index. At the current price of $31.56, the stock has been fairly flat compared to its level in January 2008. In the same period, the S&P500 has dropped by around 40% and continued its fall in January 2009 by another 9%...

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Accenture Blows Away Analyst Expectations, Stock Zooms!

As we blogged yesterday, the bar was set high for Accenture (NYSE: ACN), but the firm had no problems surpassing that threshold. Strong financial results for the Q3-2008 (ended May 31, 2008) of net revenues of $6.10 billion, 20% year-over-year increase in U.S. dollars and the highest quarterly net revenues in the company’s history; combined with an record EPS of $0.74, up 36% from Q3-2007 blew away analyst expectations...

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Accenture’s Steady Results Move Stock up 18% in 2008

Accenture (NYSE: ACN) is set to report its third quarter 2008 earnings (March, April, May 2008) tomorrow June 26, 2008 to Wall Street and has scheduled a conference call at 4:30 PM EST (800-288-8968) to discuss these results with investors...

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Ouch! BearingPoint Stock Dives 12% to New Low

BearingPoint Inc. dropped almost 13% to $4.80 today in mid-day trading hitting a new all-time low. BE shares have traded between $5.49 and $9 in the past 12 months...

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BearingPoint Stock Upgraded, But Long Way To Go Yet

BearingPoint (NYSE: BE) was recently upgraded by Standard and Poors from 2 stars (sell) to 3 stars (hold), the analyst cited that price declines had led to the stock below $8, and the valuation was compelling. The analyst thinks that the company will earn an EPS of 40 cents due to recent successes in securing contracts. The year-out price target is $8.50 for a P/E of 21...

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