AECOM ACM reported its Q3 earnings results on Monday, August 8, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
AECOM beat estimated earnings by 4.88%, reporting an EPS of $0.86 versus an estimate of $0.82.
Revenue was down $166.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.08% increase in the share price the next day.
Here's a look at AECOM's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.78 | 0.77 | 0.77 | 0.72 |
EPS Actual | 0.83 | 0.89 | 0.81 | 0.73 |
Revenue Estimate | 3.43B | 3.45B | 3.38B | 3.23B |
Revenue Actual | 3.21B | 3.27B | 3.35B | 3.41B |
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 $3.35 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.
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