AECOM Stock Price, News & Analysis

AECOM (NYSE: ACM) has announced a quarterly cash dividend of $0.15 per share, reflecting its commitment to returning value to shareholders. The dividend will be paid on October 21, 2022, to stockholders recorded on October 5, 2022. This initiative is part of AECOM's ongoing quarterly dividend program, which underscores its confidence in financial stability and growth. The company reported $13.3 billion in revenue for its Professional Services business in fiscal year 2021, indicating solid operational performance.

Vontier Corporation announced the appointment of Anshooman Aga as Chief Financial Officer effective August 29, 2022. Mr. Aga succeeds David Naemura, who will assist in the transition until year-end. With over 20 years of finance experience, Aga has a strong background in growth and transformation across industrial sectors. He previously served as CFO at Harsco Corporation and Cubic Corporation. Vontier, a global technology leader in mobility solutions, expects Aga's expertise to enhance its financial performance and strategic growth initiatives.

AECOM (NYSE:ACM) reported third quarter fiscal 2022 results with notable highlights. Revenue decreased by 5% to $3.2 billion, while net service revenue (NSR) grew by 6% to $1.6 billion. Operating income rose 14% to $183 million, with net income up 282% to $107 million. Diluted EPS surged 295% to $0.75. AECOM's total backlog reached $41.1 billion, marking a 10% increase in design backlog. The company increased its fiscal 2022 adjusted EPS guidance to between $3.35 and $3.50, reflecting strong operational performance and client demand.

AECOM (NYSE:ACM) will release its third quarter fiscal 2022 financial results on August 8, 2022, post-market close. A conference call and webcast for analysts and investors will follow on August 9, 2022, at 8 a.m. Eastern Time. The presentation will cover Q3 results, strategic accomplishments, and market trends. Interested parties can access the live webcast at AECOM Investors or join the call at 844-200-6205 (U.S.) and 929-526-1599 (international) with passcode 724161.

AECOM (NYSE: ACM) has been selected by the Arizona Department of Transportation (ADOT) to develop a statewide electric vehicle (EV) charging station deployment plan. This initiative aims to align with Federal National Electric Vehicle Infrastructure (NEVI) guidance, enhancing public understanding of EV options and reducing range anxiety. The project entails stakeholder engagement, demand and grid capacity assessment, cost analysis, and ensuring federal funding compliance. AECOM's goal is to support Arizona in creating a reliable and accessible EV network, contributing to environmental sustainability.

AECOM (NYSE: ACM) has been awarded a program management contract by Orange County Public Schools (OCPS) in Florida. The five-year contract includes planning, procurement, cost estimating, and construction management for a capital facility program aimed at enhancing educational environments for over 206,000 students. AECOM has previously overseen a $2.5 billion capital program for OCPS. The initiative aligns with OCPS's goal to optimize learning spaces while ensuring safety and emotional support for students.

AECOM (NYSE: ACM) has been chosen by Metro Vancouver to design the North Shore Wastewater Treatment Plant, replacing the Lions Gate facility and serving around 250,000 residents. AECOM will provide design completion and construction management services, ensuring a smooth transition to the new contractor, PCL Construction. The plant aims for LEED Gold and Envision Gold certifications, featuring a modern design with community spaces. It will enhance wastewater treatment technology, recover heat from effluents, and conserve water resources.

AECOM (NYSE: ACM) has been selected by the Greater Toronto Airports Authority to develop a long-term environmental master plan for Toronto Pearson International Airport. This initiative will target climate change, carbon neutrality, energy use, water management, natural environment, and waste management. AECOM aims to suggest capital projects and operational changes that aid GTAA in reaching its environmental goals. The project includes baseline assessments, strategy reviews, performance monitoring, and cost-benefit analyses. AECOM's previous partnerships with GTAA demonstrate a strong foundation for this collaboration.

AECOM (NYSE: ACM) has declared a quarterly cash dividend of $0.15 per share, continuing its commitment to returning value to shareholders. This dividend is payable on July 22, 2022, to stockholders on record as of the close of business on July 6, 2022. AECOM is recognized as a leading infrastructure consulting firm, with a reported revenue of $13.3 billion in fiscal year 2021. The company emphasizes its dedication to sustainable practices and addressing complex challenges across various sectors worldwide.