AECOM Technology Corporation ACM reported first-quarter revenue
of $2.0 billion, and revenue, net of other direct costs1, of
$1.2 billion. Operating income decreased 19.3%* largely driven by
previously discussed actions taken to better align the cost structure of
its Australia business in light of the country's slowdown in mining.
These actions are factored into the company's full-year EPS guidance.
Reported net income attributable to AECOM in the quarter was $38
million, and diluted earnings per share were $0.36 for the first quarter.
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in