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Accenture Stock (ACN) Could Rise From a Valid Triangle Breakout

2025-01-01VSTARVSTAR
Accenture Stock (ACN) Could Rise From a Valid Triangle Breakout

When Accenture (ACN) reports its financial results for November 2024, it is anticipated to show a year-over-year rise in profits on higher revenues. Although this well-known consensus outlook well represents the company's profit picture, comparing the actual results to these projections is a significant factor that could affect the stock value shortly.

ACN Earnings Forecast

Wall Street analysts predict that Accenture (ACN) will report quarterly profits of $3.38 per share in its upcoming report, a 3.4% year-over-year increase. Revenues are expected to rise 5.9% from the corresponding quarter a year ago to $17.18 billion.

Over the last 30 days, the consensus EPS projection for the preceding quarter has been revised downward by 0.4%, reaching its current level. This indicates how the reporting analysts have collectively revised their initial projections over this period.

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