Accenture (ACN) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]
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MEDIA TECHS INC (MDTC)
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Source: Yahoo! Finance
Analysts on Wall Street project that Accenture (ACN) will announce quarterly earnings of $2.77 per share in its forthcoming report, representing an increase of 2.2% year over year. Revenues are projected to reach $16.33 billion, increasing 2.2% from the same quarter last year. The consensus EPS estimate for the quarter has undergone an upward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors typically use consensus earnings and revenue estimates as a yardstick to
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