Accenture Pre Earnings: What We Are Expecting?

-28.84%
Downside
317
Market
226
Trefis
ACN: Accenture logo
ACN
Accenture

Accenture (NYSE:ACN) is set to announce its Q3 FY2016 results on June 23rd. (Fiscal years end with August.) While the company continues to deliver growth in the topline, its revenues have been impacted by the appreciating dollar. In the previous quarter, the company delivered strong growth for its consulting business, which has outpaced the industry. However, weak demand for outsourcing constrained revenue growth. We believe that this trend continued in Q3 and the results would be indicative of this trend.

ACN PreEarnings

 

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Accenture