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

Aecom

07/05/2024 06:09

* AECOM  ACM.N  reported quarterly adjusted earnings of
$1.04​​
per share for the quarter ended in March, higher than the same
quarter last year, when the company reported EPS of 92 cents. 
The mean expectation of nine analysts for the quarter was
for earnings of $1.05 per share. Wall Street expected results to
range from $1.01  to $1.07 per share.
    * Revenue rose 13% to $3.94 billion from a year ago;
analysts
expected $3.79 billion. 
    * AECOM's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $1.01
million.
    * AECOM shares had fallen by 1.8% this quarter and
gained 4.2% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 $105.50 
This summary was machine generated from LSEG data May 7 at 05:09
a.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
 Mar. 31 2024      1.05           1.04           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