14.11.2016 12:59:23
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AECOM Technology Corporation Earnings Retreat 31% In Q4
(RTTNews) - AECOM Technology Corporation (ACM) revealed a profit for fourth quarter that decreased compared to the same period last year.
The company said its profit fell to $102.0 million, or $0.65 per share. This was down from $147.9 million, or $0.95 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 8.5% to $4.32 billion. This was down from $4.72 billion last year.
AECOM Technology Corporation earnings at a glance:
-Earnings (Q4): $102.0 Mln. vs. $147.9 Mln. last year. -Earnings Decline (Y-o-Y): -31.0% -EPS (Q4): $0.65 vs. $0.95 last year. -EPS Decline (Y-o-Y): -31.6% -Analysts Estimate: $0.71 -Revenue (Q4): $4.32 Bln vs. $4.72 Bln last year. -Revenue Change (Y-o-Y): -8.5%
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