06.08.2019 15:38:43

AECOM Technology Corporation Q3 adjusted earnings Miss Estimates

(RTTNews) - AECOM Technology Corporation (ACM) revealed a profit for its third quarter that increased from last year.

The company's earnings came in at $83.73 million, or $0.52 per share. This compares with $60.91 million, or $0.37 per share, in last year's third quarter.

Excluding items, AECOM Technology Corporation reported adjusted earnings of $115.3 million or $0.72 per share for the period.

Analysts had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.3% to $4.98 billion from $5.15 billion last year.

AECOM Technology Corporation earnings at a glance:

-Earnings (Q3): $115.3 Mln. vs. $100.9 Mln. last year. -EPS (Q3): $0.72 vs. $0.62 last year. -Analysts Estimate: $0.74 -Revenue (Q3): $4.98 Bln vs. $5.15 Bln last year.

-Guidance: Full year EPS guidance: $2.60 - $2.90

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