How reliable are ACN's earnings forecasts historically?
3/28/2025 02:44pm
Accenture's earnings forecasts have shown a generally reliable track record, with some nuances:
1. **Consistency in Outperformance**: Accenture has consistently surpassed consensus EPS estimates over the past four quarters, according to Zacks. This indicates a strong likelihood of accurate earnings forecasting by the company.
2. **Recent Earnings Accuracy**: The most recent report period for Accenture was for Q2 2025, with earnings of $2.82 per share, slightly missing the Zacks Consensus Estimate of $2.84 per share. This discrepancy was a mere 0.70% deviation, which is relatively small and suggests that the company's forecasts are tightly aligned with actual performance.
3. **Revenue Surprises**: Accenture has also consistently exceeded revenue expectations, with a revenue surprise of $49 million reported for Q2 2025. This is a positive indicator of the company's forecasting accuracy, as it reflects a consistent effort to exceed market expectations.
|code|Ticker|Name|Date|Total Revenue|Net Income|market_code|
|---|---|---|---|---|---|---|
|ACN|ACN.N|Accenture|2024 Q3|1.6466828E10|1.981348E9|169|
|ACN|ACN.N|Accenture|2024 Q4|1.6405819E10|1.718666E9|169|
|ACN|ACN.N|Accenture|2025 Q1|1.7689545E10|2.31619E9|169|
|ACN|ACN.N|Accenture|2025 Q2|1.6659301E10|1.822441E9|169|
|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|market_code|
|---|---|---|---|---|---|---|
|ACN|ACN.N|Accenture|2024 Q3|-3.2703146702077546|-0.5901566504684542|169|
|ACN|ACN.N|Accenture|2024 Q4|22.045970351055097|2.631302705002127|169|
|ACN|ACN.N|Accenture|2025 Q1|15.234422613945107|9.031155298320057|169|
|ACN|ACN.N|Accenture|2025 Q2|6.6252555286034065|5.441857262191736|169|
4. **Analyst Confidence**: Despite the minor earnings miss, analysts remain optimistic about Accenture's future prospects. The stock's valuation and the anticipated long-term earnings growth rate suggest that investors continue to have confidence in the company's earnings potential.
In conclusion, while there is always some degree of variance between forecasts and actual results, Accenture's historical consistency in outperforming estimates and the close alignment of its reported earnings and revenue with forecasts suggest that its earnings forecasts are reliable.