secwatch.observer — SEC 8-K summary
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Issuer:     AECOM (ACM)
CIK:        0000868857
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001104659-24-057441
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AECOM Q2 beats; adjusted EPS $1.04 (+13%); raises FY EBITDA guidance to $1.07-1.105B
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- Adjusted EPS $1.04 (+13% YoY); revenue $3.94B (+13%); net service revenue $1.82B (+8%).
- Record backlog $23.7B (+3%); adjusted EBITDA $268M (+10%) with margin 15.4% (+40bps).
- Raised FY24 adjusted EBITDA guidance to $1.07-1.105B; adjusted EPS guidance $4.35-4.55 (+20% midpoint).
- Returned $145M to shareholders in H1 via buybacks/dividends; free cash flow $74M in Q2.
- Completed credit facility refinancing at historically attractive pricing; net leverage 0.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868857/000110465924057441/0001104659-24-057441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868857/000110465924057441/tm2413474d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-057441

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer