AECOM (NYSE:ACM) reported its Q1 earnings results on Monday, February 5, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AECOM beat estimated earnings by 10.53%, reporting an EPS of $1.05 versus an estimate of $0.95.

Revenue was down $0 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 7.37% increase in the share price the next day.

Here's a look at AECOM's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

AECOM management provided guidance for FY 2024, expecting earnings between $4.35 and $4.55 per share.

To track all earnings releases for AECOM visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.