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UPDATE: Aecom Posts Downbeat Q3 Profit

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Aecom Technology (NYSE: ACM) reported a weaker-than-expected third-quarter profit.

Aecom's quarterly net income dropped to $69.4 million, or $0.63 per share, versus $73.8 million, or $0.62 per share, in the year-ago period. The number of outstanding shares declined 7% in the quarter.

Analysts were expecting earnings of $0.64 per share in the quarter.

Aecom shares closed at $15.98 yesterday.

Posted-In: profitEarnings News

 

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