Why Aecom Group Earnings Made the Stock Drop
Aecom had some bad -- and old -- news for investors today.
Overview
Engineering firm Aecom (NYSE: ACM) stock tumbled 5.5% through 10:25 a.m. ET Tuesday after missing badly on earnings last night.
Heading into the report, analysts forecast Aecom would earn $1.51 per share in its fiscal Q3 2026. Instead, Aecom reported a $0.50 per share loss. Crazily, this came in a quarter when Aecom's revenue -- $3.6 billion -- was 80% more than the $2 billion Wall Street expected!
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Originally published at www.fool.com.
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