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Buy These 5 Year-to-Date Laggards With Strong Upside Potential
Zacks Investment Research· 2024-05-09 13:36
U.S. stock markets regained momentum after facing a setback in April. Prior to April, Wall Street witnessed an impressive 15-month rally. Wall Street’s bull run has got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation.In 2023, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — jumped 13.7%, 23.9% and 43.4%, respectively. Continuing the bull run, the S&P 500 rallied 10.2% in first-quarter 2024, marking ...
AECOM(ACM) - 2024 Q2 - Quarterly Report
2024-05-07 20:13
Table of Contents 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 March 31, 2024 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 Jurisdic ...
AECOM(ACM) - 2024 Q2 - Earnings Call Transcript
2024-05-07 17:59
AECOM (NYSE:ACM) Q2 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Will Gabrielski – Senior Vice President, Finance, Treasury and Investor Relations Troy Rudd – Chief Executive Officer Lara Poloni – President Gaurav Kapoor – Chief Financial and Operations Officer Conference Call Participants Michael Feniger – Bank of America Jamie Cook – Truist Securities Sabahat Khan – RBC Capital Markets Sangita Jain – KeyBanc Capital Markets Vlad Bystricky – Citigroup Steven Fisher – UBS Michae ...
AECOM (ACM) Q2 Earnings Miss, Revenues Top, Backlog Up Y/Y
Zacks Investment Research· 2024-05-07 17:26
AECOM (ACM) reported mixed results for second-quarter fiscal 2024, wherein earnings missed the Zacks Consensus Estimate but the revenues topped the same.On a year-over-year basis, the top and bottom lines increased, backed by solid organic growth in net service revenues (NSR) in its reportable segments.Delving DeeperThe company reported adjusted earnings per share (EPS) of $1.04, which missed the Zacks Consensus Estimate of $1.05 by 1% but increased 13% from 92 cents reported in the prior-year quarter. The ...
AECOM(ACM) - 2024 Q2 - Earnings Call Presentation
2024-05-07 13:55
TechEx Initiative TechEx is our operating model for initiatives spanning from a technical learning framework to technical career pathing and enhancing cross-team collaboration, to further extend our competitive advantage and elevate our culture. Disclosures Forward-Looking Statements All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives ...
Aecom Technology (ACM) Q2 Earnings Lag Estimates
Zacks Investment Research· 2024-05-06 22:41
Aecom Technology (ACM) came out with quarterly earnings of $1.04 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.95%. A quarter ago, it was expected that this provider of technical and management-support services would post earnings of $0.92 per share when it actually produced earnings of $1.05, delivering a surprise of 14 ...
AECOM(ACM) - 2024 Q2 - Quarterly Results
2024-05-06 20:10
Exhibit 99.1 Press Release Investor Contact: Media Contact: Will Gabrielski Brendan Ranson-Walsh Senior Vice President, Finance, Senior Vice President, Global Communications Treasurer 213.996.2367 213.593.8208 Brendan.Ranson-Walsh@aecom.com William.Gabrielski@aecom.com AECOM reports second quarter fiscal 2024 results · Delivered strong second quarter and first half financial performance · Increased financial guidance based on year-to-date operational outperformance and confidence in the second half of the y ...
MPTI vs. ACM: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-18 16:41
Investors with an interest in Engineering - R and D Services stocks have likely encountered both M-tron Industries, Inc. (MPTI) and Aecom Technology (ACM) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with po ...
Build Your Fortune: 3 EPC Stocks Constructing Massive Gains
InvestorPlace· 2024-04-17 10:24
In many ways, this is an excellent time for American engineering, procurement and construction (EPC) stocks. EPC firms manage large construction projects, such as infrastructure work, industrial facilities and power plants. Of course, Washington is currently doling out large amounts of money to states for use in subsidizing infrastructure projects, while large renewable energy facilities are being built. Moreover, the federal government is also subsidizing the construction of computer chip factories in the ...
AECOM (ACM) to Help Clients for U.S. EPA's Latest PFAS Study
Zacks Investment Research· 2024-04-12 15:56
AECOM (ACM) indulged in a study with clients across the United States to respond to the final regulatory rules — announced by the Environmental Protection Agency (“EPA”) — that counts for maximum contaminant levels (MCLs) for six per- and polyfluoroalkyl substances (PFAS) in drinking water.The EPA’s new regulations are expected to generate significant infrastructure investment across the water sector, which will ultimately benefit ACM and other industry players.AECOM has approximately 25 years of experience ...