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2 clusters · 4 sources · 3 days · First seen · Last updated

AECOM fiscal Q3 2026 financial losses

Overview

AECOM experienced a significant decline in share value following its fiscal third-quarter 2026 earnings report. While the engineering firm reported revenue of $3.6 billion, which exceeded Wall Street estimates, it posted a GAAP net loss of $0.65 per share.

The losses were primarily driven by a pre-tax charge—reported between $337 million and $377 million—stemming from a construction management project signed in 2019. This charge was attributed to increased projected costs, subcontractor delays, and terms that “did not align with current risk policies.”

In response to the financial results, management lowered full-year adjusted earnings per share guidance and free cash flow estimates. Following the report, AECOM shares fell to a 52-week low of $60.35. Despite the quarterly loss and the drop in share price, the company reported a record backlog of $27.8 billion.

Entities

Royal Bank of Canada · Everus Construction Group, Inc. · Oppenheimer · AECOM · Essent Group Ltd.

Timeline

  1. 29 days ago

    [BUSINESS] 3 sources
    Aecom, East West Bancorp, and Essent Group report financial updates

    Aecom shares hit a 52-week low due to a $377 million project loss, while East West Bancorp maintains a “Moderate Buy” consensus and Essent Group SVP Vijay Bhasin executes a scheduled stock sale.

  2. about 1 month ago

    [BUSINESS] 2 sources
    AECOM shares fall after reporting fiscal Q3 loss

    AECOM shares dropped after reporting a fiscal Q3 2026 loss of $0.50 per share, driven by a $337 million charge on an older construction project despite beating revenue estimates.

Sources

lesgrandsmaitres.fr · mommygearest.com · otravel.com · stocknews.com

This summary has been updated 1 time: see revision history