AECOM (NYSE:ACM – Get Free Report) announced its quarterly earnings results on Monday. The construction company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.04, Briefing.com reports. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $1.85 billion. AECOM had a positive return on equity of 22.73% and a negative net margin of 0.09%. AECOM’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.94 EPS. AECOM updated its FY24 guidance to $4.45-4.55 EPS and its FY 2024 guidance to 4.450-4.550 EPS.
AECOM Trading Up 2.2 %
NYSE:ACM traded up $1.98 on Wednesday, hitting $93.00. The stock had a trading volume of 572,005 shares, compared to its average volume of 779,992. The company has a fifty day moving average price of $87.68 and a two-hundred day moving average price of $90.41. AECOM has a 1-year low of $74.40 and a 1-year high of $98.72. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.88. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of -1,042.78, a PEG ratio of 1.47 and a beta of 1.17.
AECOM Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Wednesday, July 3rd were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.95%. The ex-dividend date was Wednesday, July 3rd. AECOM’s payout ratio is currently -977.78%.
Wall Street Analyst Weigh In
Insider Transactions at AECOM
In related news, Director Douglas Stotlar sold 7,179 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $93.51, for a total value of $671,308.29. Following the transaction, the director now directly owns 34,667 shares in the company, valued at $3,241,711.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.42% of the company’s stock.
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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