Aecom Reports Results For The Quarter Ended In December: Earnings Summary

Aecom

05/02/2024 22:40

* AECOM  ACM.N  reported quarterly adjusted earnings of
$1.05​​
per share for the quarter ended in December, higher than the
same quarter last year, when the company reported EPS of 86
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 95 cents per share. Wall Street expected
results to range from 92 cents to $1.00 per share.
    * Revenue rose 15.3% to $3.90 billion from a year ago;
analysts
expected $3.66 billion. 
    * AECOM's reported EPS for the quarter was 69 cents​.
    * The company reported quarterly net income of $94.44
million.
    * AECOM shares had fallen by 2.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for AECOM is $104.00 
This summary was machine generated from LSEG data February 5 at
10:40 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.95           1.05           Beat
 Sep. 30 2023      0.97           1.01           Beat
 Jun. 30 2023      0.94           0.94           Met
 Mar. 31 2023      0.90           0.92           Beat