AECOM Technology Beats Analyst Estimates on EPS (ACM)

AECOM Technology Beats Analyst Estimates on EPS

AECOM Technology (NYSE: ACM ) reported earnings on Feb. 5. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q1), AECOM Technology met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share dropped.

Margins dropped across the board.

Revenue details
AECOM Technology chalked up revenue of $2.02 billion. The eight analysts polled by S&P Capital IQ anticipated a top line of $2.01 billion on the same basis. GAAP reported sales were 0.6% lower than the prior-year quarter's $2.03 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.36. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.33 per share. GAAP EPS of $0.36 for Q1 were 14% lower than the prior-year quarter's $0.42 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 3.9%, 60 basis points worse than the prior-year quarter. Operating margin was 2.8%, 50 basis points worse than the prior-year quarter. Net margin was 1.9%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.06 billion. On the bottom line, the average EPS estimate is $0.53.

Next year's average estimate for revenue is $8.29 billion. The average EPS estimate is $2.45.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 589 members out of 609 rating the stock outperform, and 20 members rating it underperform. Among 133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 129 give AECOM Technology a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AECOM Technology is outperform, with an average price target of $24.31.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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