- Aecom‘s second-quarter revenue amounted to $3.77 billion, falling short of the $4.16 billion estimate.
- Free cash flow for the period was recorded at $178.4 million.
- The effective tax rate was slightly less than expected at 23.2%, compared to an estimate of 23.8%.
- The company anticipates an adjusted tax rate of approximately 24% for the full year.
- Troy Rudd, AECOM’s chairman and CEO, expressed optimism about the company’s leadership position as markets continue to expand.
- Despite global political changes, Aecom remains committed to its financial and strategic goals and is increasing its financial guidance for a second consecutive quarter.
- The company reported margin expansion, attributing success to high-returning organic growth investments and strong performance in high-margin markets.
- Aecom is making significant progress towards a margin target of over 17% and is confident about future margin expansion.
- The current analyst recommendation includes 12 buys and 2 holds, with no sell recommendations.
A look at Aecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Aecom shows a promising long-term outlook with solid scores across several key factors. With a Growth score of 4 and a Momentum score of 4, Aecom demonstrates strong potential for future expansion and upward movement. These scores suggest that the company is well-positioned for growth and has positive market momentum.
Although Aecom has average scores in Value, Dividend, and Resilience, its high scores in Growth and Momentum indicate a positive trajectory. Aecom provides professional technical services to governments, agencies, and commercial customers, offering a wide range of services such as consulting, architecture, engineering, and environmental services. Overall, the company’s outlook appears favorable for long-term growth and development.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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