AECOM Technology (ACM) Tops Q1 EPS by 15c; Backlog Grew 16%
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EPS Growth %: +12.0%
Financial Fact:
Net income attributable to AECOM: 7.2M
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AECOM Technology (NYSE: ACM) reported Q1 EPS of $0.71, $0.15 better than the analyst estimate of $0.56. Revenue for the quarter came in at $4.19 billion versus the consensus estimate of $4.59 billion.
New Wins and Backlog
New wins in the quarter of $4.6 billion were driven by growth in the Americas, Asia-Pacific and the firm’s building construction business. After adjusting for acquisitions, total backlog increased 16 percent. The company’s book-to-burn ratio5 was 1.1 for the quarter, with total backlog at Dec. 31, 2014, of $41 billion.
AECOM Technology sees FY2015 EPS of $2.75-$3.35, versus the consensus of $3.25.
For earnings history and earnings-related data on AECOM Technology (ACM) click here.
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