AECOM Technology (ACM) Tops Q3 EPS by 1c; Raises Outlook

AECOM Technology (NYSE: ACM) reported Q3 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.23 billion.

GUIDANCE:

AECOM is increasing its adjusted1 EBITDA4 guidance to between $810 million and $830 million and increasing its diluted adjusted1 EPS guidance for the third consecutive quarter to between $2.75 and $2.85, which would reflect 10% and 30% growth from fiscal 2020 at the mid-point of the respective ranges.

For earnings history and earnings-related data on AECOM Technology (ACM) click here.

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