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Aecom Technology Corp (ACM)
NYSE:ACM
Earnings Data
Report Date
May 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.57Last Year’s EPS
1.25Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple record outcomes (record backlog, margin expansion, adjusted EBITDA and EPS beats), raised full-year guidance, significant buybacks, and tangible early success from AI and strategic wins—balanced against timing-related headwinds (federal shutdown, fewer billable days), near-term international softness in select markets, and first-half cash seasonality. Overall the positive operational outperformance, strong backlog/pipeline, guidance uplift and capital returns substantially outweigh the near-term and timing-driven challenges.Company Guidance
Record Backlog and Strong Book-to-Burn
Backlog increased 9% year-over-year to an all-time high, supported by a 1.5x book-to-burn ratio and a book-to-burn above 1 for 21 consecutive quarters, providing strong near-term visibility.
Net Service Revenue Growth (Adjusted)
Net service revenue (NSR) increased 5% on a year-over-year basis after adjusting for fewer billable days, demonstrating underlying demand and revenue resilience.
Margin Expansion and Profitability
Segment adjusted operating margin rose 100 basis points to 16.4% (a first-quarter record). Americas adjusted operating margin increased 120 basis points to 19.9%, reflecting operating leverage, mix shift to higher-margin services and technology-driven efficiencies.
Strong Adjusted EBITDA and EPS
Adjusted EBITDA of $287 million and adjusted EPS of $1.29 exceeded expectations for the quarter, driving management to raise full-year guidance.
Raised Full-Year EPS Guidance
Management increased the midpoint of adjusted EPS guidance to $5.95 from $5.75 (approximately a ~3.5% uplift at the midpoint) and raised adjusted EBITDA guidance midpoints, reflecting better-than-expected quarter and backlog visibility.
Capital Return and Balance Sheet Actions
Repurchased more than $300 million in the first quarter (management also reported returning nearly $350 million to shareholders in Q1) and increased share repurchase authorization to $1.0 billion, signaling confidence in cash generation and capital allocation.
AI and Technology Integration Progress
Integration of an acquired AI technology is complete, the team size has doubled, technology is live on projects with initial performance meeting expectations, and management reported growing client traction and new use cases.
Notable New Wins and Market Positioning
Secured high-profile wins including delivery partner role for the 2032 Brisbane Olympic & Paralympic Games and a large multiyear engineering services contract for Scottish Water; data center practice grew ~50% in FY25 and defense represents ~10% of NSR, highlighting diversified demand.
International Pipeline and Backlog Momentum
International backlog grew 25% in the quarter and the overall pipeline increased (~20% year-over-year with early-stage pipeline up ~34%), indicating improving international demand after prior repositioning.
Reaffirmed Long-Term Financial Targets
Company reaffirmed long-term targets including annual revenue growth of 5%–8%, a 20% margin exit rate by fiscal 2028, and mid-teens compounded earnings and free cash flow per share growth.
ACM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $102.70 | $103.86 | +1.13% |
Nov 18, 2025 | $131.51 | $126.75 | -3.62% |
Aug 04, 2025 | $111.37 | $118.39 | +6.31% |
May 05, 2025 | $101.43 | $102.17 | +0.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aecom Technology Corp (ACM) report earnings?
Aecom Technology Corp (ACM) is schdueled to report earning on May 11, 2026, Before Open (Confirmed).
What is Aecom Technology Corp (ACM) earnings time?
Aecom Technology Corp (ACM) earnings time is at May 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACM EPS forecast?
ACM EPS forecast for the fiscal quarter 2026 (Q2) is 1.57.