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AECOM (ACM.N)

ACM.N on New York Stock Exchange

40.83USD
23 Oct 2019
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Latest Key Developments (Source: Significant Developments)

Aecom Says Management Services Business Deal Has A Termination Fee Of $141 Mln In Cash
Friday, 18 Oct 2019 

Oct 17 (Reuters) - AECOM ::AECOM - MANAGEMENT SERVICES BUSINESS DEAL HAS A TERMINATION FEE OF $141 MILLION IN CASH.  Full Article

American Securities, Lindsay Goldberg To Acquire AECOM's Management Services Business
Monday, 14 Oct 2019 

Oct 14 (Reuters) - AECOM ::AMERICAN SECURITIES AND LINDSAY GOLDBERG TO ACQUIRE AECOM’S MANAGEMENT SERVICES BUSINESS.AMERICAN SECURITIES AND LINDSAY GOLDBERG TO ACQUIRE AECOM'S MANAGEMENT SERVICES BUSINESS.  Full Article

AECOM Accelerates Value Creation Strategy With Sale Of Management Services Business For $2.405 Billion
Monday, 14 Oct 2019 

Oct 14 (Reuters) - AECOM ::ACCELERATES VALUE CREATION STRATEGY WITH SALE OF ITS MANAGEMENT SERVICES BUSINESS FOR $2.405 BILLION.EXPECTS FISCAL 2019 ADJUSTED EPS $2.75.SEES FISCAL 2020 ADJUSTED EBITDA GUIDANCE OF BETWEEN $1,040 MILLION AND $1,080 MILLION.ENTERED AGREEMENT FOR SALE OF ITS MS BUSINESS TO AFFILIATES OF AMERICAN SECURITIES LLC AND LINDSAY GOLDBERG.SEES TO ACHIEVE ITS FISCAL 2019 GUIDANCE FOR FREE CASH FLOW OF AT LEAST $600 MILLION.FY2019 EARNINGS PER SHARE VIEW $2.77 -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $3.30 -- REFINITIV IBES DATA.INCLUDED IN PURCHASE PRICE FOR DEAL IS CONTINGENT PURCHASE PRICE OF APPROXIMATELY $150 MILLION.  Full Article

U.S. Department Of Energy Extends AECOM-Led Joint Venture Contract
Monday, 19 Aug 2019 

Aug 19 (Reuters) - AECOM ::U.S. DEPARTMENT OF ENERGY EXTENDS AECOM-LED JOINT VENTURE CONTRACT TO MANAGE TANK OPERATIONS AT THE HANFORD SITE FOR UP TO 12 MONTHS.AECOM - APPROXIMATE US$725 MILLION EXTENSION WILL RUN UP TO 12 MONTHS, FROM OCTOBER 1, 2019, TO SEPTEMBER 30, 2020..AECOM - ESTIMATED VALUE OF CONTRACT EXTENSION WILL BE ADDED IN AECOM'S BACKLOG IN Q4.  Full Article

AECOM Posts Q3 Adjusted Earnings Per Share of $0.72
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - AECOM ::REPORTS THIRD QUARTER FISCAL YEAR 2019 RESULTS.Q3 REVENUE $5.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.23 BILLION.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $2.60 TO $2.90.Q3 EARNINGS PER SHARE $0.52.Q3 ADJUSTED EARNINGS PER SHARE $0.72.Q3 EARNINGS PER SHARE ESTIMATE $0.74 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $2.80 -- REFINITIV IBES DATA.REITERATED ITS FULL YEAR FINANCIAL GUIDANCE FOR ADJUSTED EBITDA GROWTH OF 12% AT MID-POINT OF $920-$960 MILLION RANGE.FY FREE CASH FLOW IS NOW EXPECTED TO BE AT LOWER END OF ANNUAL $600 TO $800 MILLION GUIDANCE RANGE.CONTINUING ITS ACCELERATED REVIEW OF ITS AT-RISK CONSTRUCTION BUSINESSES.SEES FY CAPITAL EXPENDITURES OF ABOUT $120 MILLION.QUARTER-END TOTAL BACKLOG OF NEARLY $59 BILLION IS UP 10%.  Full Article

AECOM Secures PMC Contract For NEOM Bay Phase 1
Tuesday, 2 Jul 2019 

July 2 (Reuters) - AECOM ::SECURES A MULTI-YEAR CONTRACT TO PROVIDE PROJECT MANAGEMENT CONSULTANCY (PMC) SERVICES FOR PHASE 1 AS PART OF NEOM BAY.AECOM’S SCOPE INCLUDES PROJECT MANAGEMENT, CONTRACT ADMINISTRATION, TECHNICAL AND ENVIRONMENTAL SUPPORT SERVICES, AND SITE SUPERVISION OVER ENTIRE DESIGN AND CONSTRUCTION PHASES OF PROJECT.  Full Article

AECOM Wins Contract With U.S. Department Of State To Provide Diplomatic Platform Support Services
Wednesday, 26 Jun 2019 

June 26 (Reuters) - AECOM ::AECOM WINS CONTRACT WITH U.S. DEPARTMENT OF STATE TO PROVIDE DIPLOMATIC PLATFORM SUPPORT SERVICES.AECOM - CONTRACT CEILING IS $6 BILLION OVER A FIVE-YEAR PERIOD.  Full Article

AECOM-Led Joint Venture Awarded Design-Build Program Contract For City Of New York
Wednesday, 29 May 2019 

May 29 (Reuters) - AECOM ::AECOM-LED JOINT VENTURE AWARDED NOTABLE DESIGN-BUILD PROGRAM CONTRACT FOR CITY OF NEW YORK.AECOM - AECOM-LED JV WITH HILL INTERNATIONAL HAS BEEN AWARDED A CONTRACT VALUED AT $107.4 MILLION BY NEW YORK CITY DEPARTMENT OF DESIGN AND CONSTRUCTION.AECOM - VALUE OF AECOM'S CONTRACT WAS INCLUDED IN ITS BACKLOG IN Q3 OF FISCAL 2019.  Full Article

Aecom Q2 Earnings Per Share $0.49
Wednesday, 8 May 2019 

AECOM ::REPORTS SECOND QUARTER FISCAL YEAR 2019 RESULTS.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $2.60 TO $2.90.Q2 EARNINGS PER SHARE $0.49.Q2 ADJUSTED EARNINGS PER SHARE $0.69.Q2 EARNINGS PER SHARE ESTIMATE $0.63 -- REFINITIV IBES DATA.REVENUE OF $5.0 BILLION IN Q2 INCREASED BY 5% OVER PRIOR YEAR.TOTAL BACKLOG INCREASED BY 22% AND SET A NEW RECORD AT $61 BILLION AT QUARTER-END.EARNINGS PERFORMANCE IN FIRST HALF OF YEAR HAS EXCEEDED CO'S EXPECTATIONS.SEES 2019 FREE CASH FLOW $600 MILLION - $800 MILLION.CONTINUES TO EXPECT TO INCUR RESTRUCTURING COSTS OF BETWEEN $80 MILLION AND $90 MILLION IN FISCAL 2019.CONTINUES TO EXPECT TOTAL CASH COSTS FOR RESTRUCTURING OF BETWEEN $60 MILLION AND $70 MILLION.Q2 REVENUE VIEW $4.92 BILLION -- REFINITIV IBES DATA.  Full Article

AECOM Q1 Adjusted Earnings Per Share $0.57
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Aecom ::REPORTS FIRST QUARTER FISCAL YEAR 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.57.Q1 REVENUE $4.9 BILLION.REAFFIRMS FY 2018 ADJUSTED EARNINGS PER SHARE VIEW $2.50 TO $2.90.Q1 EARNINGS PER SHARE $0.69.‍REITERATING FISCAL 2018 ADJUSTED EBITDA(1) GUIDANCE OF $910 MILLION AND ADJUSTED EPS GUIDANCE OF BETWEEN $2.50 AND $2.90​.‍COMPANY REMAINS ON TRACK WITH ITS ANNUAL FREE CASH FLOW GUIDANCE OF $600 MILLION TO $800 MILLION FOR FISCAL 2018​.QTRLY ‍TOTAL BACKLOG REACHED $49 BILLION, WHICH IS AN 11% YEAR-OVER-YEAR INCREASE​.FY2018 EARNINGS PER SHARE VIEW $2.68 -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.54, REVENUE VIEW $4.64 BILLION -- THOMSON REUTERS I/B/E/S.REVALUATION OF DEFERRED TAX ASSETS AND LIABILITIES RESULTED IN A $113 MILLION BENEFIT IN QUARTER.A ONE-TIME TAX REPATRIATION TOLL CHARGE OF $71 MILLION WAS ACCRUED IN QUARTER.SEES 2018 ‍CAPITAL EXPENDITURES OF $110 MILLION​.Q1 RESULTS INCLUDED A ONE-TIME TAX REPATRIATION TOLL CHARGE OF $71 MILLION WAS ACCRUED DUE TO TAX REFORM.IMPACT FROM DISCRETE TAX ITEMS WAS EXCLUDED FROM AECOM'S FISCAL Q1 ADJUSTED EARNINGS PER SHARE & FISCAL 2018 ADJUSTED EARNINGS PER SHARE GUIDANCE.  Full Article

AECOM to sell management services unit for about $2.4 billion

AECOM has agreed to sell its management services unit to private equity firms Lindsay Goldberg and American Securities for about $2.4 billion, the U.S. construction and engineering company said on Monday.