- Aecom‘s 2Q revenue surpassed estimates, reporting $3.94 billion compared to the estimated $3.8 billion.
- The Adjusted EPS from continuing operations stood at $1.04 in the second quarter.
- Aecom‘s free cash flow was quite beyond expectations – it was $74.0 million, much higher than the estimate of $30.3 million.
- The company aims for an impressive return on invested capital (ROIC) of around 20% in fiscal 2024.
- CEO Troy Rudd stated the company has given a strong financial performance in the second quarter and first half, thus increasing the mid-point of their adjusted EBITDA guidance for the whole year.
- The CEO also stated that by focusing on high-return markets and major clients, Aecom can bring its best resources consistently to its clients’ most challenging infrastructure investments.
- Recent evaluations of the company show 12 buys, 1 hold, and 0 sells.
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
Looking at Aecom‘s long-term outlook through the Smartkarma Smart Scores, the company shows promising signs in terms of growth and momentum. With a score of 4 in Growth, Aecom is positioned to potentially expand and develop over time, indicating positive future prospects. Additionally, its Momentum score of 4 suggests that the company is gaining traction and performing well in the market, which may bode well for its future performance.
While Aecom demonstrates strengths in Growth and Momentum, the company falls behind in Value, Dividend, and Resilience with scores of 2 for each. This indicates that Aecom may need to focus on improving its value proposition, dividend yield, and ability to weather economic uncertainties in order to enhance its overall outlook and competitiveness in the market.
Summary of AECOM based on the provided description: AECOM offers professional technical services to a wide range of clients, including governments, commercial customers, and agencies. Their services encompass consulting, architecture, engineering, construction management, environmental services, and more, showcasing a diverse and comprehensive portfolio of offerings.
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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