AECOM ACM reported its Q2 earnings results on Monday, May 9, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Earnings
AECOM beat estimated earnings by 6.41%, reporting an EPS of $0.83 versus an estimate of $0.78.
Revenue was down $52.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 5.43% increase in the share price the next day.
Here's a look at AECOM's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.77 | 0.77 | 0.72 | 0.64 |
EPS Actual | 0.89 | 0.81 | 0.73 | 0.67 |
Revenue Estimate | 3.45B | 3.38B | 3.23B | 3.24B |
Revenue Actual | 3.27B | 3.35B | 3.41B | 3.27B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
AECOM management provided guidance for FY 2022, expecting earnings between $3.3 and $3.5 per share.
To track all earnings releases for AECOM visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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