AECOM: Shares Can Keep Climbing Into Strong Earnings

Nov. 14, 2022 4:59 PM ETAECOM (ACM)

Summary

  • ACM reported its Q4 earnings that beat expectations.
  • The company is benefiting from strong demand for its high-tech infrastructure design and engineering consulting solutions.
  • An outlook for continued growth and higher margins can lift shares higher.
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Aerial View of Mercedes Benz Stadium in Atlanta

Nate Hovee/iStock Editorial via Getty Images

AECOM (NYSE:ACM) is recognized as a leader in infrastructure consulting services with a portfolio of iconic projects covering skyscrapers, stadiums, transportation, water, and clean energy sites. The company has leveraged its expertise in environmental and high-tech engineering

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Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ACM over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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