1. ACN's Q3 earnings release is scheduled for June 20. 2. Analysts forecast earnings of $3.32, up from $3.13 last year. 3. Projected revenue is $17.3 billion, increasing from $16.47 billion. 4. ACN announced an acquisition of Yumemi to enhance digital offerings. 5. Recent analyst ratings show mixed price target adjustments for ACN.
The anticipated earnings growth and increased revenue project a positive outlook for ACN's stock price. Historically, strong earnings and strategic acquisitions lead to share price increases, for instance, during previous earnings beats.
The earnings report and acquisition news are significant for investor sentiment and price movement. These factors are crucial for ACN's immediate market perception.
Earnings reports typically have immediate effects on stock prices due to investor reactions. ACN's upcoming earnings announcement can move stock prices quickly based on results and market expectations.