AECOM Technology (ACM) Tops Q2 EPS by 30c

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AECOM reports second quarter fiscal year 2017 results

May 9, 2017 6:55 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- AECOM (NYSE: ACM), a premier, fully integrated global infrastructure firm, today reported second quarter revenue of $4.4 billion. Net income1 and diluted earnings per share1 were $102 million and $0.65 in the second quarter, respectively. On an adjusted basis, diluted earnings per share2 was $0.89.

Delivered positive organic revenue growth, driven by strong performance in Building Construction, Power and in international design markets. Continued business development momentum with a 4%3 year-over-year increase in backlog, and a substantial $3.6 billion Management Services award shortly following the close of the quarter.... More