AECOM reports second quarter fiscal year 2020 results

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Go back to AECOM reports second quarter fiscal year 2020 results

AECOM Technology (ACM) Tops Q2 EPS by 5c

May 5, 2020 6:58 AM EDT

AECOM Technology (NYSE: ACM) reported Q2 EPS of $0.55, $0.05 better than the analyst estimate of $0.50. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.29 billion.

Updated Fiscal 2020 Financial Guidance:

Adjusted EBITDA1 is expected to be between $700 million and $740 million, which would mark 10% year-over-year growth at the mid-point of the range and a second consecutive year of double-digit adjusted EBITDA growth. This guidance assumes that economic activity bottoms in the fiscal third quarter and that there are no material project delays or deferrals from the pandemic in... More