Wall Street brokerages expect Aecom (NYSE:ACM) to post $0.71 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Aecom’s earnings, with estimates ranging from $0.69 to $0.72. Aecom reported earnings per share of $0.62 in the same quarter last year, which suggests a positive year over year growth rate of 14.5%. The business is expected to report its next earnings report before the market opens on Tuesday, August 6th.
On average, analysts expect that Aecom will report full year earnings of $2.78 per share for the current fiscal year, with EPS estimates ranging from $2.73 to $2.83. For the next year, analysts expect that the firm will post earnings of $3.19 per share, with EPS estimates ranging from $3.15 to $3.22. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Aecom.
Aecom (NYSE:ACM) last announced its earnings results on Wednesday, May 8th. The construction company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.06. Aecom had a return on equity of 10.08% and a net margin of 1.34%. The firm had revenue of $5.04 billion during the quarter, compared to analyst estimates of $4.89 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The business’s revenue was up 5.2% compared to the same quarter last year.
A number of hedge funds have recently bought and sold shares of the stock. Primecap Management Co. CA increased its position in Aecom by 0.8% during the 1st quarter. Primecap Management Co. CA now owns 21,695,534 shares of the construction company’s stock valued at $643,706,000 after buying an additional 182,800 shares in the last quarter. BlackRock Inc. increased its position in Aecom by 1.9% during the 1st quarter. BlackRock Inc. now owns 13,593,426 shares of the construction company’s stock valued at $403,316,000 after buying an additional 254,349 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Aecom by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,798,549 shares of the construction company’s stock valued at $127,160,000 after buying an additional 60,019 shares in the last quarter. Pzena Investment Management LLC increased its position in Aecom by 2.8% during the 2nd quarter. Pzena Investment Management LLC now owns 2,752,783 shares of the construction company’s stock valued at $104,193,000 after buying an additional 74,617 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Aecom by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 1,631,090 shares of the construction company’s stock valued at $43,223,000 after buying an additional 63,085 shares in the last quarter. 86.60% of the stock is owned by institutional investors.
Shares of NYSE:ACM traded down $0.52 during trading on Friday, hitting $34.40. The stock had a trading volume of 1,005,271 shares, compared to its average volume of 656,469. Aecom has a 12 month low of $24.83 and a 12 month high of $38.20. The company has a market cap of $5.66 billion, a P/E ratio of 12.84 and a beta of 1.78. The company has a fifty day moving average of $36.62. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.23 and a quick ratio of 1.23.
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets.
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