earnings
confidence high
sentiment positive
materiality 0.85
AECOM Q4 adj EPS $0.81 beats; raises FY24 EPS target to $4.75+
AECOM
2021-FY EPS reported
$1.16
revenue$13,340,852,000
- Q4 adj. EPS $0.81 (+35% YoY); FY adj. EPS $2.82 at high-end of guidance; record segment margin 14.8%.
- FY21 free cash flow $583M; repurchased $1B+ stock (~13% shares); Board increased authorization to $1B.
- FY22 guidance: adj. EPS $3.20-3.40 (17% growth midpoint); adj. EBITDA $880M-920M; FCF $450M-650M.
- Raised FY24 adj. EPS target to $4.75+ (from $4.30+), reflecting confidence in 19%+ CAGR.
- Q4 wins $3.7B, book-to-burn >1; backlog $38.6B with 18% contracted backlog growth.