Aecom: Fiscal 3Q Earnings Snapshot
Aug. 07, 2018
LOS ANGELES (AP) _ Aecom Technology Corp. (ACM) on Tuesday reported fiscal third-quarter earnings of $60.9 million.
On a per-share basis, the Los Angeles-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, were 62 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.
The provider of technical and management-support services posted revenue of $5.15 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $4.88 billion.
Aecom expects full-year earnings in the range of $2.50 to $2.90 per share.
Aecom shares have dropped nearly 8 percent since the beginning of the year. The stock has risen 10 percent in the last 12 months.