NEW YORK (TheStreet) -- Accenture Plc. (ACN) is scheduled to report its fiscal 2015 first quarter earnings results before the market open on Thursday. Analysts are expecting the management consulting, technology, and outsourcing services company to post a year-over-year increase in earnings and revenue.
For the most recent quarter Accenture is expected to report earnings of $1.20 per share, on revenue of $7.69 billion.
Shares of Accenture are higher by 0.65% to $83.41 in mid-morning trading on Wednesday.
For the fiscal 2014 first quarter Accenture said its earnings were $1.15 per diluted share, an 8% increase over the previous year, while revenue grew by 2% to $7.4 billion for the quarter.
Separately, TheStreet Ratings team rates ACCENTURE PLC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate ACCENTURE PLC (ACN) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins."