Earnings Alerts

Aecom (ACM) Earnings: 4Q Revenue Misses Estimates but Fiscal 2024 Surpasses Guidance

By November 19, 2024 No Comments
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  • Aecom‘s fourth-quarter revenue was reported at $4.11 billion, which is below the estimated $4.18 billion.
  • The company generated a free cash flow of $274.6 million.
  • The effective tax rate was significantly lower at 16%, compared to the estimated 22.2%.
  • Fiscal 2024 earnings exceeded the company’s previously-increased guidance.
  • Aecom aims to achieve an adjusted EBITDA margin of at least 17% by the end of fiscal year 2025.
  • Long-term targets include achieving at least a 25% return on invested capital (ROIC).
  • Analyst recommendations include 11 buys, 1 hold, and 1 sell on Aecom‘s stock.

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A look at Aecom Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Aecom has a promising long-term outlook. With a high Growth score of 5 and Momentum score of 5, the company shows strong potential for expansion and positive market performance in the future. This indicates that Aecom is well-positioned for sustained growth and is likely to continue gaining market traction over time. Additionally, the company’s Resilience score of 3 suggests a moderate level of stability even during challenging economic conditions, further bolstering its outlook.

Aecom, a company providing professional technical services, especially to governmental and commercial clients, seems to have a balanced overall outlook. While its Value and Dividend scores are at a modest 2, indicating room for improvement in terms of value and dividend offerings, the high scores in Growth and Momentum highlight the company’s strong potential in terms of future expansion and market performance. With a diverse range of services encompassing construction management, environmental services, and design-build services, Aecom appears to be strategically positioned for long-term success in the industry.


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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