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Accenture (NYSE:ACN) unveils its next round of earnings this Thursday, June 27. Get prepared with Benzinga's ultimate preview for Accenture's Q3 earnings.
Earnings and Revenue
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Sell-side analysts expect Accenture's EPS to be near $1.89 on sales of $11.04 billion.
If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be up 5.59 percent. Revenue would be up 7.03 percent from the same quarter last year. Here's how the Accenture's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 1.57 | 1.86 | 1.56 | 1.72 |
| EPS Actual | 1.73 | 1.96 | 1.58 | 1.79 |
Stock Performance
Over the last 52-week period, shares are up 18.4 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate Accenture stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Accenture is scheduled to hold the call at 8:00 a.m. ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/acn/mediaframe/29664/indexr.html
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.