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AECOM Technology Corporation Q3 Profit Retreats 2%

AECOM Technology Corporation (ACM) announced earnings for third quarter that declined compared to the same period last year.

The company said its earnings fell to $123.3 million, or $0.78 per share. This was lower than $126.1 million, or $0.81 per share, in last year's third quarter.

Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.4% to $4.56 billion. This was up from $4.41 billion last year.

AECOM Technology Corporation earnings at a glance:

-Earnings (Q3): $123.3 Mln. vs. $126.1 Mln. last year.
-Earnings Decline (Y-o-Y): -2.2%
-EPS (Q3): $0.78 vs. $0.81 last year.
-EPS Decline (Y-o-Y): -3.7%
-Analysts Estimate: $0.78
-Revenue (Q3): $4.56 Bln vs. $4.41 Bln last year.
-Revenue Change (Y-o-Y): 3.4%

Full year EPS guidance: $2.80 - $3.20

by RTTNews Staff Writer

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