AECOM (ACM) provides professional infrastructure consulting services in three segments: Americas; International; and AECOM Capital. The company reported that it is on track to exceed operational expectations of its fiscal 2024 financial targets.
The company also raised its fiscal 2023 financial guidance. ACM increased its adjusted EBITDA guidance from $935 million-$975 million to $950 million-$970 million and raised its adjusted EPS guidance from $3.55-$3.75 to $3.63-$3.73. For the fiscal third quarter (ended June 30), ACM’s revenue increased 13% year-over-year to $3.66 billion.
