AECOM Technology (ACM) Tops Q4 EPS by 15c

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AECOM reports second-quarter fiscal year 2016 results

May 10, 2016 6:55 AM EDT

Financial Highlights

Adjusted EPS1 of $0.87, an increase of 50%. Positive organic growth in DCS Americas and Building Construction. Free cash flow2 of $83 million. Reduced term debt by $76 million. On track with full-year free cash flow target of $600 million to $800 million for fiscal years 2016 and 2017. Wins of $2.7 billion; total construction value of wins $3.8 billion. Company reiterates fiscal year 2016 adjusted EPS1 guidance of $3.00 to $3.40.

LOS ANGELES--(BUSINESS WIRE)-- AECOM (NYSE:... More