AECOM (NYSE: ACM) reported Q1 EPS of $1.29, $0.12 better than the analyst estimate of $1.17. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.78 billion.

GUIDANCE:

AECOM sees FY2026 EPS of $5.85-$6.05, versus the consensus of $5.26.

Adjusted1 EBITDA5 of between $1,270 million and $1,305 million, as compared to $1,265 million and $1,305 million previously.
Organic NSR2 growth of 6% to 8%, which excludes the expected approximately 200 basis point impact of fewer working days in fiscal 2026.
A segment adjusted operating margin4 of 16.8% and an adjusted EBITDA6 margin of 17.0%, which are materially consistent with prior expectations.
Free cash flow7 of approximately $400 million.
An average fully diluted share count of 131 million, which does not include any potential future benefits from capital allocation actions not yet taken, including potential repurchases.
An adjusted effective tax rate of approximately 20 – 22%, as compared to 22 – 23% previously.

In addition, the Company reiterated its long-term financial targets, which includes its expectation to deliver a 20%+ margin exit rate by fiscal 2028 and to grow adjusted1 EPS at a 15%+ CAGR from fiscal 2026 to fiscal 2029.

For earnings history and earnings-related data on AECOM (ACM) click here.