Aecom (ACM) stock tumbles 5.5% after reporting a fiscal Q3 2026 loss of $0.50 per share, missing analyst estimates of $1.51 earnings per share.
Aecom's revenue for the quarter was $3.6 billion, 80% more than the $2 billion Wall Street expected, but still represented a 14% year-over-year decline. The company attributed the loss to a $337 million pre-tax charge related to a Construction Management project contract signed in 2019, which management stated would not be acceptable under current risk policies.
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