Accenture Shares Rise Fifth Day With 7.6% Gain Amid Market Decline

Accenture's stock has shown a notable recovery with a 2.71% increase to $255.88, marking its fifth consecutive day of gains and outperforming the S&P 500, which fell 0.59%. Despite this recent uptick, Accenture's shares have declined 11.8% over the past month, underperforming both the Computer and Technology sector and the broader market. The company is expected to report earnings per share of $2.98 for the quarter, a 6.81% increase year-over-year, with projected revenues of $17.33 billion, up 5.6%. Full-year estimates indicate earnings of $12.88 per share and revenues of $69.41 billion, reflecting solid growth expectations. Analyst estimate revisions remain marginally positive, supporting a Zacks Rank of #3 (Hold) for Accenture. Overall, the stock's recent momentum contrasts with its monthly underperformance, as investors await the upcoming earnings report for clearer direction.