AECOM (ACM) Q2 Earnings Miss, Revenues Top, Backlog Up Y/Y

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 ...