AECOM Technology Corporation Q3 Profit Increases, beats estimates

AECOM Technology Corporation (ACM) announced earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $101.89 million, or $0.72 per share. This compares with $11.53 million, or $0.08 per share, in last year's third quarter.

Excluding items, AECOM Technology Corporation reported adjusted earnings of $122.0 million or $0.86 per share for the period.

Analysts on average had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.0% to $3.24 billion from $3.41 billion last year.

AECOM Technology Corporation earnings at a glance (GAAP) :

-Earnings (Q3): $101.89 Mln. vs. $11.53 Mln. last year.
-EPS (Q3): $0.72 vs. $0.08 last year.
-Analyst Estimate: $0.82
-Revenue (Q3): $3.24 Bln vs. $3.41 Bln last year.

Full year EPS guidance: $3.35 - $3.50

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