06.05.2024 22:21:12
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AECOM Q2 Profit Decreases, misses estimates
(RTTNews) - AECOM (ACM) released earnings for second quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $1.01 million, or $0.01 per share. This compares with $76.62 million, or $0.55 per share, in last year's second quarter.
Excluding items, AECOM reported adjusted earnings of $141.7 million or $1.04 per share for the period.
Analysts on average had expected the company to earn $1.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 12.9% to $3.94 billion from $3.49 billion last year.
AECOM earnings at a glance (GAAP) :
-Earnings (Q2): $1.01 Mln. vs. $76.62 Mln. last year. -EPS (Q2): $0.01 vs. $0.55 last year. -Revenue (Q2): $3.94 Bln vs. $3.49 Bln last year.
-Guidance: Full year EPS guidance: $4.35 - $4.45
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