Overview
Global infrastructure leader's Q1 revenue beat analyst expectations
Outlook
AECOM raises fiscal 2026 adjusted EPS guidance to $5.85-$6.05
Company expects fiscal 2026 adjusted EBITDA of $1,270 mln-$1,305 mln
AECOM anticipates organic NSR growth of 6%-8% for fiscal 2026
Result Drivers
RECORD BACKLOG - AECOM's backlog increased by 9% to a record high, driven by a 1.5 book-to-burn ratio, indicating strong demand for future projects
AI AND TECHNOLOGY INVESTMENTS - Investments in AI and technology have been instrumental in securing key projects and enhancing competitive advantages, according to AECOM
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $3.83 bln | $3.61 bln (5 Analysts) |
Q1 EPS | $0.56 | ||
Q1 Net Income | $93.35 mln | ||
Q1 Operating Income | $222 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for AECOM is $126.50, about 25.2% above its February 6 closing price of $101.03
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nBw4CFMqpa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)