The market expects Aecom Technology (ACM) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are ...

JHVEPhoto/iStock Editorial via Getty Images Investment Thesis AECOM (NYSE:ACM) is well-positioned to continue delivering good growth ahead. The company's revenue growth should benefit from a healthy backlog of $23.7 billion. In addition, increasing PFAS-related work, the company's exposure to high-growth markets, and healthy infrastructure investments globally should also increase revenue growth. On the margin front, the company should benefit from improving international margins, operating leverage, and co ...

AECOM (ACM) has been selected as the Lead Designer for the Washington State Department of Transportation's (“WSDOT”) SR 520 Portage Bay Bridge and Roanoke Lid Project. This project, led by Skanska as part of a design-build team, aims to replace the aging Portage Bay Bridge and add a landscaped lid segment in Seattle's North Capitol Hill neighborhood.The project should bring significant improvements to commuters traveling across Lake Washington and through the SR 520 corridor. New ramps, seismically resilien ...

Aecom Technology (ACM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing ea ...

AECOM (ACM) , a leading infrastructure consulting firm, has been awarded key contracts by Southern Water, a major UK water utility, to support its most ambitious business plan so far. The contracts span two significant lots under the Professional Services Framework, preparing for the UK's Asset Management Plan Period 8 (AMP8) from 2025 to 2030.Under Lot 1, AECOM will provide comprehensive asset management and advisory services, teaming up with sub-consultant partners Arcadis and AliumBlue. This collaboratio ...

AECOM (ACM) has announced a partnership with Ukrhydroenergo, Ukraine’s primary hydropower generating company, to support the restoration and enhancement of the nation’s hydropower infrastructure. This collaboration, finalized during the 2024 Ukraine Recovery Conference in Berlin, underscores AECOM’s pivotal role in Ukraine’s ongoing recovery efforts.Shares of ACM gained 0.3% during the trading session on Jun 11, 2024.Hydropower is crucial for Ukraine’s energy stability, and AECOM’s extensive expertise in th ...

Monty Rakusen Investment Thesis ACM Research (NASDAQ:ACMR) is a small-cap semiconductor company that is well positioned to grow in a niche, surging industry with its differentiated tech that provides customers with superior yields and lower chemical consumption relative to competitors, strong position for growth particularly within the single-wafer wet cleaning equipment segment, and international expansion prospects. ACM Research is also looking to expand its portfolio to address new and emerging market se ...

AECOM (ACM) announced that its joint venture (JV) with Akima Support Operations received a contract from the Naval Facilities Engineering Systems Command (NAVFAC) Pacific.Per this multiple-award, indefinite-delivery, indefinite-quantity (IDIQ) contract, the JV will provide facility support services under the Global Contingency Services Multiple Award Contract (GCSMAC). It will provide various services in response to natural disasters, humanitarian efforts, Navy operations and projects worldwide.The scope of ...

AECOM (ACM) secured a single-award professional services contract from the U.S. Department of Homeland Security’s (DHS) Federal Emergency Management Agency (FEMA).AECOM will provide advisory and program management services to FEMA's four Consolidated Resource Centers (CRCs) located in Winchester, VA (East); Denton, TX (Central); Sacramento, CA (West); and Guaynabo, Puerto Rico (Atlantic).Per the contract, ACM will support FEMA's Public Assistance grant program aimed at repairing and/or replacing damaged pub ...

AECOM (ACM) has won a five-year, multiple-award contract from the U.S. Army Environmental Command.Per the contract, ACM will provide environmental remediation services, including investigation and remediation services for hazardous and toxic waste, including persistent compounds, such as per- and polyfluoroalkyl substances (PFAS).The work will take place at different locations across the contiguous United States, Puerto Rico, Hawaii and Alaska.AECOM has more than two decades of PFAS experience at over 600 s ...