AECOM (NYSE:ACM – Get Free Report) issued its quarterly earnings results on Monday. The construction company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.01), Briefing.com reports. AECOM had a return on equity of 21.45% and a net margin of 0.42%. The company had revenue of $3.94 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the prior year, the business earned $0.92 earnings per share. AECOM’s revenue for the quarter was up 13.0% compared to the same quarter last year. AECOM updated its FY24 guidance to $4.35-4.55 EPS and its FY 2024 guidance to 4.350-4.550 EPS.
AECOM Trading Up 1.6 %
AECOM stock opened at $96.24 on Tuesday. The stock has a market cap of $13.09 billion, a PE ratio of 213.87, a P/E/G ratio of 1.41 and a beta of 1.23. The stock has a 50-day moving average price of $93.82 and a 200 day moving average price of $89.67. AECOM has a 52 week low of $74.40 and a 52 week high of $98.72. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.87.
AECOM Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Wednesday, April 24th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Tuesday, April 23rd. AECOM’s dividend payout ratio is presently 195.56%.
Analyst Upgrades and Downgrades
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About AECOM
AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.
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