[REVISION HISTORY]

AECOM fiscal Q3 2026 financial losses

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2026-08-15 08:55 UTC → 2026-08-16 06:56 UTC · added ~~removed~~

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 and~~ costs, subcontractor ~~delays.~~ 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 a the drop in share ~~price to a 52-week low,~~ price, the company reported a record backlog of $27.8 billion.

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