AECOM Earnings Dip Amid Project Delays | Business and Finance News

AECOM’s Q2 earnings missed on revenue and earnings, sending shares lower as delays and cost overruns on legacy projects—driven by subcontractor issues—hit hard. Slower new project starts and Middle East headwinds added pressure. The company slashed its full-year EPS forecast to $4.05 and lowered EBITDA guidance, despite a healthy backlog. Analysts pressed on margin recovery in the Americas, with management confident margins will normalize and improve vs. last year. They also assured legacy project drag is under control, with growth expected to rebound in the second half. Investors now watch closely for how quickly AECOM can fix old project woes and turn backlog into profit—key to a sustainable turnaround. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3b6387d6ed22fe77