Welcome to our dedicated page for Aecom news (Ticker: ACM), a resource for investors and traders seeking the latest updates and insights on Aecom stock.
AECOM (NYSE: ACM) is a globally recognized infrastructure consulting firm delivering comprehensive professional services throughout the project lifecycle. From advisory, planning, design, and engineering to program and construction management, AECOM caters to both public and private sector clients across 150 countries. Headquartered in Los Angeles, the company employs 51,000 professionals and generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.
As a fully integrated firm, AECOM connects knowledge and experience across its global network of experts to help clients solve their most complex challenges. Their projects span a variety of sectors including transportation, buildings, water, new energy, and the environment. Recently, AECOM's joint venture with Stantec was awarded a significant environmental planning contract by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific, exemplifying dedication to resilient and sustainable infrastructure.
AECOM’s partnership with the Texas Department of Transportation on the $4.5 billion Capital Express (CapEx) Central project in Austin further highlights their role in critical infrastructure development. Additionally, the company's involvement in expanding Ontario’s Clarkson Water Resource Recovery Facility underscores their expertise in water treatment and environmental services.
Committed to sustainability and innovation, AECOM's collaboration with Unitywater in Australia aims to enhance water and sewage services to over 800,000 residents. Their strategic initiatives also include supporting FEMA’s Public Assistance grant program to aid disaster-affected communities.
AECOM is also at the forefront of supporting Ukraine’s hydropower infrastructure restoration, reflecting their ability to handle complex, large-scale projects. With a commitment to delivering sustainable legacies, AECOM continues to lead in infrastructure consulting, driven by their technical and digital expertise, and a culture of equity, diversity, and inclusion.
AECOM (NYSE: ACM) has announced a quarterly cash dividend of $0.15 per share, reflecting its commitment to returning value to shareholders. The dividend will be paid on October 21, 2022, to stockholders recorded on October 5, 2022. This initiative is part of AECOM's ongoing quarterly dividend program, which underscores its confidence in financial stability and growth. The company reported $13.3 billion in revenue for its Professional Services business in fiscal year 2021, indicating solid operational performance.
Vontier Corporation announced the appointment of Anshooman Aga as Chief Financial Officer effective August 29, 2022. Mr. Aga succeeds David Naemura, who will assist in the transition until year-end. With over 20 years of finance experience, Aga has a strong background in growth and transformation across industrial sectors. He previously served as CFO at Harsco Corporation and Cubic Corporation. Vontier, a global technology leader in mobility solutions, expects Aga's expertise to enhance its financial performance and strategic growth initiatives.
AECOM (NYSE:ACM) reported third quarter fiscal 2022 results with notable highlights. Revenue decreased by 5% to $3.2 billion, while net service revenue (NSR) grew by 6% to $1.6 billion. Operating income rose 14% to $183 million, with net income up 282% to $107 million. Diluted EPS surged 295% to $0.75. AECOM's total backlog reached $41.1 billion, marking a 10% increase in design backlog. The company increased its fiscal 2022 adjusted EPS guidance to between $3.35 and $3.50, reflecting strong operational performance and client demand.
AECOM (NYSE:ACM) will release its third quarter fiscal 2022 financial results on August 8, 2022, post-market close. A conference call and webcast for analysts and investors will follow on August 9, 2022, at 8 a.m. Eastern Time. The presentation will cover Q3 results, strategic accomplishments, and market trends. Interested parties can access the live webcast at AECOM Investors or join the call at 844-200-6205 (U.S.) and 929-526-1599 (international) with passcode 724161.
AECOM (NYSE: ACM) has been selected by the Arizona Department of Transportation (ADOT) to develop a statewide electric vehicle (EV) charging station deployment plan. This initiative aims to align with Federal National Electric Vehicle Infrastructure (NEVI) guidance, enhancing public understanding of EV options and reducing range anxiety. The project entails stakeholder engagement, demand and grid capacity assessment, cost analysis, and ensuring federal funding compliance. AECOM's goal is to support Arizona in creating a reliable and accessible EV network, contributing to environmental sustainability.
AECOM (NYSE: ACM) has been awarded a program management contract by Orange County Public Schools (OCPS) in Florida. The five-year contract includes planning, procurement, cost estimating, and construction management for a capital facility program aimed at enhancing educational environments for over 206,000 students. AECOM has previously overseen a $2.5 billion capital program for OCPS. The initiative aligns with OCPS's goal to optimize learning spaces while ensuring safety and emotional support for students.
AECOM (NYSE: ACM) has been chosen by Metro Vancouver to design the North Shore Wastewater Treatment Plant, replacing the Lions Gate facility and serving around 250,000 residents. AECOM will provide design completion and construction management services, ensuring a smooth transition to the new contractor, PCL Construction. The plant aims for LEED Gold and Envision Gold certifications, featuring a modern design with community spaces. It will enhance wastewater treatment technology, recover heat from effluents, and conserve water resources.
AECOM (NYSE: ACM) has been selected by the Greater Toronto Airports Authority to develop a long-term environmental master plan for Toronto Pearson International Airport. This initiative will target climate change, carbon neutrality, energy use, water management, natural environment, and waste management. AECOM aims to suggest capital projects and operational changes that aid GTAA in reaching its environmental goals. The project includes baseline assessments, strategy reviews, performance monitoring, and cost-benefit analyses. AECOM's previous partnerships with GTAA demonstrate a strong foundation for this collaboration.
AECOM (NYSE: ACM) has declared a quarterly cash dividend of $0.15 per share, continuing its commitment to returning value to shareholders. This dividend is payable on July 22, 2022, to stockholders on record as of the close of business on July 6, 2022. AECOM is recognized as a leading infrastructure consulting firm, with a reported revenue of $13.3 billion in fiscal year 2021. The company emphasizes its dedication to sustainable practices and addressing complex challenges across various sectors worldwide.
AECOM (NYSE: ACM) has secured a contract with Public Services and Procurement Canada for the Faro Mine Remediation Project, a significant environmental clean-up effort. This project, expected to run through March 2024, will involve the design of a remediation plan and quality assurance services, aimed at restoring traditional territories for affected First Nations. AECOM will work alongside a team of experienced partners and aims to ensure human health, safety, and environmental protection in the area.
FAQ
What is the current stock price of Aecom (ACM)?
What is the market cap of Aecom (ACM)?
What does AECOM specialize in?
Where is AECOM headquartered?
How many employees does AECOM have?
What are some recent projects undertaken by AECOM?
What sectors does AECOM operate in?
What was AECOM’s revenue in fiscal year 2023?
How is AECOM contributing to sustainability?
What is AECOM’s role in supporting Ukraine’s hydropower infrastructure?
What recent contracts has AECOM secured?
What is AECOM’s commitment to diversity and inclusion?
