Accenture’s Upcoming Q1 Results Preview

Deutsche Bank analysts provided their outlook on Accenture plc (NYSE:ACN) ahead of Q1/23 results, expected to be announced on Dec 16.

The analysts expect the company to deliver Q1 revenues of $15.492 billion and EPS of $2.92 as it benefits from IT services demand and accelerated investments in Cloud, Industry X, Song and Security.

The analysts view the company as the gold standard among IT Services companies and do not believe it has seen any material weakness to date.

The analysts expect the company to guide to Q2/23 revenue growth of 7-11% and conservatively reiterate its 2023 revenue guidance of 8-11%.