AECOM is expected to report higher revenue and adjusted earnings

From StockStory: 2024-11-17 12:40:22

AECOM (NYSE:ACM) will be reporting earnings soon. Last quarter, the company beat revenue expectations by 5.2%, reaching $4.15 billion, a 13.3% increase year on year. Analysts expect revenue to grow 7.1% this quarter to $4.12 billion, with adjusted earnings at $1.25 per share. AECOM’s peers, MasTec and EMCOR, recently reported mixed results. Investor sentiment in the engineering and design services segment has been positive, with share prices up 2.7% on average. AECOM’s stock price remains steady, with an average analyst price target of $111.67.

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