AECOM Technology (NYSE: ACM ) is expected to report Q2 earnings on May 7. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict AECOM Technology's revenues will grow 3.3% and EPS will expand 18.6%.
The average estimate for revenue is $2.08 billion. On the bottom line, the average EPS estimate is $0.51.
Last quarter, AECOM Technology reported revenue of $2.02 billion. 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.
Last quarter, EPS came in at $0.36. 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.
For the preceding 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.
The full year's average estimate for revenue is $8.36 billion. The average EPS estimate is $2.50.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 578 members out of 598 rating the stock outperform, and 20 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give AECOM Technology a green thumbs-up, and two 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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