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Why Is Aecom (ACM) Down 0% Since Last Earnings Report?
Zacks Investment Research· 2024-03-06 17:36
It has been about a month since the last earnings report for Aecom Technology (ACM) . Shares have lost about 0% in that time frame, underperforming the S&P 500.Will the recent trend continue leading up to its next earnings release, or is Aecom due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. AECOM Q1 Earnings Beat, Design Business Backlog Up 9%AECOM ...
AECOM (ACM) to Support the Development of $1.5B SRB Project
Zacks Investment Research· 2024-03-06 17:36
AECOM (ACM) has been selected by Amtrak to support the development of $1.5 billion Susquehanna River Rail Bridge (SRB) Project.The project aims to enhance rail connectivity and safety along the U.S. Northeast Corridor. It involves replacing the current 117-year-old two-track bridge in Maryland with two new bridges, aiming to boost capacity and reliability for both freight and passenger trains.SRB Project's complexity demands a team that combines global expertise with local insight, bringing together the nec ...
AECOM (ACM) JV Wins FEMA Contract for Public Assistance Services
Zacks Investment Research· 2024-03-01 14:20
AECOM (ACM) , a global infrastructure consulting firm, in partnership with Dewberry, has been awarded a contract by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (“FEMA”) to provide public and technical assistance services. Operating under the Public Assistance Technical Assistance V contract, the joint venture, known as NISTAC PLUS JV, will support FEMA's Public Assistance grant program. AECOM will serve as the managing partner of the joint venture.The contract will focus e ...
AECOM (ACM) Secures Key Contract for Toronto's Ontario Line
Zacks Investment Research· 2024-02-27 17:16
AECOM (ACM) has been selected as part of the Pape North Connect Team to deliver the Pape Tunnel and Underground Stations (PTUS) contract for Toronto's Ontario Line. This significant 15.6-kilometer rapid transit project aims to enhance accessibility and cut travel time for commuters.Under the PTUS contract, this renowned infrastructure consulting firm’s responsibilities encompass designing three kilometers of twin tunnels beneath Pape Avenue, two underground stations, emergency exit and service buildings, an ...
AECOM(ACM) - 2024 Q1 - Earnings Call Presentation
2024-02-06 20:44
KENSICO EASTVIEW CONNECTION United States Delivering a new 2-mile-deep water conveyance tunnel that will improve the resiliency and reliability of New York City's water supply. This extends AECOM's decades-long relationship with the New York City Department of Environmental Protection, serving as their trusted partner on their most ambitious infrastructure projects. Disclosures Forward-Looking Statements All statements in this communication other than statements of historical fact are "forward-looking state ...
AECOM(ACM) - 2024 Q1 - Earnings Call Transcript
2024-02-06 20:43
AECOM (NYSE:ACM) Q1 2024 Earnings Conference Call February 6, 2024 8:00 AM ET Company Participants William Gabrielski - SVP, Finance, Treasury and IR Troy Rudd - CEO Lara Poloni - President Gaurav Kapoor - CFO Conference Call Participants Michael Feniger - Bank of America Sabahat Khan - RBC Capital Markets Andy Kaplowitz - Citigroup Sangita Jain - KeyBanc Capital Markets Steven Fisher - UBS Michael Dudas - Vertical Research Partners Adam Thalhimer - Thompson Davis Operator Good morning, and welcome to the A ...
AECOM (ACM) Q1 Earnings Beat, Design Business Backlog Up 9%
Zacks Investment Research· 2024-02-06 16:46
AECOM (ACM) reported results for first-quarter fiscal 2024, where earnings surpassed the Zacks Consensus Estimate. On a year-over-year basis, the top and bottom lines increased, backed by solid organic net service revenues (“NSR”) growth in its design business.Shares of the technical and management support services provider jumped 1.6% in the after-hours trading session on Feb 5, post-earnings release.Delving DeeperThe company reported adjusted earnings per share (EPS) of $1.05, which topped the consensus m ...
AECOM(ACM) - 2024 Q1 - Quarterly Report
2024-02-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-52423 AECOM (Exact name of registrant as specified in its charter) Delaware 61-1088522 State or Other Jurisdiction Of I.R.S. ...
AECOM named by Fortune magazine as one of the World's Most Admired Companies for the tenth consecutive year
Businesswire· 2024-01-31 17:00
DALLAS--(BUSINESS WIRE)--AECOM (NYSE:ACM), the world’s trusted infrastructure consulting firm, announced today that it has been recognized for the tenth consecutive year on Fortune magazine’s list of the World’s Most Admired Companies. “Celebrating our position as one of Fortune’s World’s Most Admired Companies is a testament to our talented teams who bring world-class capabilities and unique perspectives to each of our clients,” said Troy Rudd, AECOM’s chief executive officer. “Thanks to their ingenuity ...
AECOM (ACM) JV Wins Contract to Upgrade NY Water Infrastructure
Zacks Investment Research· 2024-01-23 18:18
AECOM’s (ACM) joint venture (“JV”) has been selected by the New York City Department of Environmental Protection (“NYCDEP”) to offer inspection services for the Kensico – Eastview Connection project.Per the deal, the JV will supervise three concurrent teams to connect the Kensico Reservoir to the Catskill-Delaware Ultra Violet Disinfection Facility in Eastview, NY, for water supply.The first team will oversee the delivery of the 2-mile-deep tunnel. The second team will focus on the build-out of new faciliti ...