AECOM Guides FY23 Adj. EPS In Line With Estimates - Update

RTTNews | 915 ngày trước
AECOM Guides FY23 Adj. EPS In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Monday, infrastructure consulting firm AECOM (ACM) initiated adjusted earnings and organic net service revenue growth outlook for the full-year 2023.

For fiscal 2023, the company now projects adjusted earnings in a range of $3.55 to $3.75 per share on organic net service revenue growth of approximately 8% and actual NSR growth, which incorporates the impact of the strong U.S. dollar, of approximately 4%.

On average, eight analysts polled by Thomson Reuters expect the company to report earnings of $3.65 per share for the year. Analysts' estimates typically exclude special items.

AECOM is also on track to deliver on its long-term fiscal 2024 financial targets, including adjusted earnings of more than $4.75 per share.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews | 13h 4phút trước
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note. Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews | 14h 54phút trước
European Stocks Close Week On Positive Note

European Stocks Close Week On Positive Note

European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | 15h 17phút trước
Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews | 16h 4phút trước
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews | 18h 11phút trước
U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews | 18h 13phút trước