Loading...
•
Mar 31, 2020
AECOM Q2 2020 Earnings Report
AECOM reported strong second quarter financial performance, marked by substantial margin improvement in the Professional Services business, double-digit adjusted EBITDA growth and a record backlog level.
Key Takeaways
AECOM's second quarter results showed strong financial performance with significant margin improvement in Professional Services, double-digit adjusted EBITDA growth, and a record backlog of $41.6 billion. The company highlighted its resilience amidst COVID-19 challenges and its focus on health, safety, and client delivery.
Achieved sixth consecutive quarter of substantial margin improvement in Professional Services business.
Experienced continued double-digit adjusted EBITDA growth.
Secured a record $8.6 billion in wins, resulting in a 2.5 book-to-burn ratio.
Reached a new all-time high backlog level of $41.6 billion, up 14% year-over-year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
AECOM reiterated its expectation for approximately $10 million of AECOM Capital earnings in fiscal 2020. The Company continues to expect in fiscal 2020 to incur restructuring expenses of between $160 million and $190 million, and total cash restructuring costs of between $185 million to $205 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...