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0 -0.00440412225843389 0.0129481194397956 -0.00440412225843389 0.00149740156786754 -0.00431603981326517 -0.00422795736809657 0.0129481194397956
Stock impact report

Why AECOM (ACM) Stock Is Trading Lower Today [Yahoo! Finance]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
Company Research Source: Yahoo! Finance
stock's negative momentum continued as the company reported disappointing fourth-quarter results, which included a revenue miss, a sharp decline in profit, and a full-year financial outlook that fell short of analysts' expectations. While revenue saw a slight 2% increase, net income declined by 22% compared to the same period in the previous year. Cash flow presented another concern, with operating cash flow decreasing by 34% and adjusted free cash flow falling by 51%. Compounding the weaker results, AECOM also announced it was reviewing strategic alternatives for its Construction Management business, which could include a potential sale. Following the report, UBS lowered its price target on the stock, pointing to slower revenue growth as a key factor. The shares closed the day at $113.03, down 11.1% from previous close. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy AECOM? Access our full Show less Read more
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