AECOM reports second quarter fiscal 2024 results
The Company raised its fiscal 2024 adjusted EBITDA4 guidance to between $1,070 million and $1,105 million, reflecting strong operational performance to date and confidence in the second half of the fiscal year, supported by a record backlog position.
- The Company raised its fiscal 2024 adjusted EBITDA4 guidance to between $1,070 million and $1,105 million, reflecting strong operational performance to date and confidence in the second half of the fiscal year, supported by a record backlog position.
- The Company’s guidance also includes expectations for:
‒ A segment adjusted1 operating income margin3 of approximately 15.6%, representing a 90 basis point increase from fiscal 2023. - ‒ Adjusted1 EPS of between $4.35 and $4.55, representing a 20% increase at the mid-point over fiscal 2023.
- The Company expects to deliver a return on invested capital9 (ROIC) of approximately 20% in fiscal 2024.