AECOM Technology Corporation Q1 Earnings Drop 9%

(RTTNews) - AECOM Technology Corporation (ACM) announced a profit for first quarter that dropped compared to the same period last year.

The company said its bottom line fell to $105.5 million, or $0.68 per share. This was lower than $115.4 million, or $0.80 per share, in last year's first quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.9% to $4.29 billion. This was up from $4.21 billion last year.

AECOM Technology Corporation earnings at a glance:

-Earnings (Q1): $105.5 Mln. vs. $115.4 Mln. last year. -Earnings Decline (Y-o-Y): -8.6% -EPS (Q1): $0.68 vs. $0.80 last year. -EPS Decline (Y-o-Y): -15.0% -Analysts Estimate: $0.60 -Revenue (Q1): $4.29 Bln vs. $4.21 Bln last year. -Revenue Change (Y-o-Y): 1.9%