AECOM (ACM) has reported a notable increase in its fourth-quarter earnings compared to the same period from the previous year. The net income was recorded at $172.55 million, or $1.28 per share, which is a significant rise from the $25.47 million, or $0.18 per share, achieved in the fourth quarter of the prior year.
On an adjusted basis, which excludes certain items, AECOM's earnings were $172.3 million, equivalent to $1.27 per share.
The company also saw a revenue increase of 7.0% during the quarter, reaching $4.110 billion up from $3.842 billion last year.
A summary of AECOM's financial performance (GAAP) for Q4 is as follows:
- Net Income: $172.55 million, compared to $25.47 million last year.
- Earnings Per Share (EPS): $1.28, compared to $0.18 last year.
- Revenue: $4.110 billion, compared to $3.842 billion last year.
