earnings
confidence high
sentiment positive
materiality 0.80
AECOM Q1 adjusted EPS $0.89 +44% YoY; raises FY22 EPS guidance to $3.30-$3.50
AECOM
2022-Q1 EPS reported
$0.43
revenue$3,266,716,000
- Adjusted EPS of $0.89 (+44% YoY) on net service revenue of $1,543M (+5% YoY); backlog $38.8B (+15% contracted growth).
- Segment adjusted operating margin 13.7% (+60 bps YoY) a record for fiscal Q1.
- Initiated quarterly dividend of $0.15/share; repurchased $213M in stock (2% of shares outstanding).
- Raised FY22 adjusted EPS guidance to $3.30-$3.50 (from $3.15-$3.35); reaffirmed EBITDA $880-920M.
- Free cash flow $163M in Q1; expects $450-650M for FY22; net leverage 1.2x.