AECOM Q4 2023 Adj. EPS $1.01 Beats $0.97 Estimate, Revenue $3.842B Beats $3.691B Estimate
Portfolio Pulse from Benzinga Newsdesk
AECOM reported Q4 2023 adjusted earnings per share (EPS) of $1.01, surpassing the analyst estimate of $0.97. Revenue for the quarter was $3.842 billion, also exceeding the expected $3.691 billion.
November 13, 2023 | 9:08 pm
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AECOM's Q4 2023 financial results exceeded analyst expectations, with an adjusted EPS of $1.01 against a $0.97 forecast and revenues surpassing estimates by $151 million.
AECOM's better-than-expected earnings and revenue figures are likely to instill confidence in investors and could lead to a short-term increase in stock price. Positive earnings surprises are typically associated with increased investor optimism and can result in upward price momentum.
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