AECOM Slips To Loss In Q3; Cuts FY15 Adj. EPS Outlook - Quick Facts

(RTTNews) - AECOM (ACM) said third-quarter net loss attributable to company was $17.2 million, or $0.11 per share, compared to income of $69.2 million, or $0.70 per share in the prior year. Adjusted earnings for the latest quarter were $0.74 per share.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.85 for the quarter. Analysts' estimates typically exclude special items.

Revenue surged to $4.55 billion from $1.97 billion last year, while 8 analysts expected revenue of $4.75 billion for the quarter.

AECOM is lowering its adjusted earnings guidance for fiscal year 2015 to a range of $3.05 to $3.45 per share, from its previous range of $3.15 to $3.55 per share. Analysts expect the company to report fiscal year earnings per share of $3.25.