Tuesday, AECOM Technology Corp. (ACM)reported first-quarter net income of $46 million or $0.40 per share, compared to $41 million or $0.38 per share in the same quarter last year.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $1.48 billion, up from $1.45 billion in the comparable quarter last year. Analysts expected the company to report revenue of $1.53 billion for the quarter.
Looking ahead to the fiscal year 2010, the company reaffirmed its earnings guidance and expects earnings in the range of $1.90 - $2.00 per share. Analysts currently anticipate the company to earn $1.98 per share for the full year.
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