AECOM reports third quarter fiscal year 2020 results

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AECOM Technology (ACM) Tops Q3 EPS by 7c, Revenues Beat; Raises FY20 Adj. EBITDA Guidance

August 4, 2020 6:57 AM EDT

AECOM Technology (NYSE: ACM) reported Q3 EPS of $0.56, $0.07 better than the analyst estimate of $0.49. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.14 billion.

Third Quarter and Year-to-Date Fiscal 2020 Accomplishments

Revenue in the third quarter was $3.2 billion, and net service revenue2 was unchanged compared to the prior year on an organic basis3, reflecting 2% organic growth in the Americas segment, growth in the Asia-Pacific region and a decline in the Europe, Middle East and Africa (EMEA) region.Operating income in the third quarter was $119 million, net income was... More