AECOM Q3 EPS $0.94 Misses $0.95 Estimate, Sales $3.66B Beat $3.49B Estimate
Portfolio Pulse from Benzinga Newsdesk
AECOM (NYSE:ACM) reported Q3 earnings of $0.94 per share, missing the analyst consensus estimate of $0.95 by 1.05 percent. However, the company's quarterly sales of $3.66 billion beat the analyst consensus estimate of $3.49 billion by 4.93 percent.
August 07, 2023 | 8:09 pm
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NEUTRAL IMPACT
AECOM's Q3 earnings per share missed estimates, but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
AECOM's earnings per share fell slightly short of estimates, which could negatively impact investor sentiment. However, the company's sales exceeded expectations, which could offset some of this negative sentiment. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100