AECOM Guides FY23 Adj. EPS In Line With Estimates - Update

RTTNews | 872 days ago
Stocktwits
AECOM Guides FY23 Adj. EPS In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Monday, infrastructure consulting firm AECOM (ACM) initiated adjusted earnings and organic net service revenue growth outlook for the full-year 2023.

For fiscal 2023, the company now projects adjusted earnings in a range of $3.55 to $3.75 per share on organic net service revenue growth of approximately 8% and actual NSR growth, which incorporates the impact of the strong U.S. dollar, of approximately 4%.

On average, eight analysts polled by Thomson Reuters expect the company to report earnings of $3.65 per share for the year. Analysts' estimates typically exclude special items.

AECOM is also on track to deliver on its long-term fiscal 2024 financial targets, including adjusted earnings of more than $4.75 per share.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: ACM
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Swiss Market Ends Sharply Lower On Trade War Fears

Swiss Market Ends Sharply Lower On Trade War Fears

Swiss stocks fell sharply on Friday, mirroring losses across Europe and elsewhere, as the Trump Administration's sweeping tariffs on trade partners, and retaliatory move announced by China, and possible countermeasures by a few other major countries as well, raised fears of a possible global recession.
RTTNews | 14h 50min ago
European Stocks Tumble As China Retaliates After Trump's Tariff Moves

European Stocks Tumble As China Retaliates After Trump's Tariff Moves

European stocks plunged sharply and several market tumbled to fresh multi-month lows on Friday as U.S. President Donald Trump's sweeping tariff moves, and the retaliatory action by China raised fears of a global trade war and recession, prompting investors to press sales across the board.
RTTNews | 15h 10min ago
U.S. Job Growth Far Exceeds Estimates In March

U.S. Job Growth Far Exceeds Estimates In March

A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of March. The Labor Department said non-farm payroll employment jumped by 228,000 jobs in March after climbing by a downwardly revised 117,000 jobs in February. Economists had expected employment to rise by 135,000 jobs.
RTTNews | 18h 44min ago
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