Accenture PLC (NYSE:ACN) will announce its earnings results before the market opens on Thursday, September 28th. Analysts expect the company to announce earnings of $1.46 per share for the quarter.

Accenture PLC (NYSE:ACN) last announced its quarterly earnings data on Thursday, June 22nd. The information technology services provider reported $1.52 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.52. The company had revenue of $8.87 billion for the quarter, compared to analysts’ expectations of $8.82 billion. Accenture PLC had a net margin of 9.92% and a return on equity of 43.96%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 EPS. On average, analysts expect Accenture PLC to post $5.90 EPS for the current fiscal year and $6.46 EPS for the next fiscal year.

Several analysts have weighed in on the company. Cowen and Company reissued a “buy” rating and set a $150.00 price objective (up from $135.00) on shares of Accenture PLC in a report on Tuesday. Zacks Investment Research cut Accenture PLC from a “buy” rating to a “hold” rating in a report on Tuesday. Bank of America Corporation assumed coverage on Accenture PLC in a report on Tuesday, September 12th. They set a “buy” rating and a $150.00 price objective for the company. Stifel Nicolaus boosted their price objective on Accenture PLC from $138.00 to $146.00 and gave the stock a “buy” rating in a report on Thursday, September 7th. Finally, BidaskClub cut Accenture PLC from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Accenture PLC presently has an average rating of “Buy” and a consensus target price of $133.25.

In other Accenture PLC news, insider Richard Lumb sold 2,200 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $129.26, for a total transaction of $284,372.00. Following the completion of the transaction, the insider now owns 119,013 shares of the company’s stock, valued at approximately $15,383,620.38. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Gianfranco Casati sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $130.00, for a total value of $650,000.00. Following the transaction, the insider now directly owns 56,014 shares of the company’s stock, valued at approximately $7,281,820. The disclosure for this sale can be found here. Over the last three months, insiders have sold 79,817 shares of company stock valued at $9,920,929. 0.21% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Accenture PLC (ACN) Set to Announce Quarterly Earnings on Thursday” was posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/09/21/accenture-plc-acn-set-to-announce-quarterly-earnings-on-thursday.html.

About Accenture PLC

Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.

Earnings History for Accenture PLC (NYSE:ACN)

Receive News & Ratings for Accenture PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture PLC and related companies with MarketBeat.com's FREE daily email newsletter.