- AECOM (NYSE:ACM) will hold its Investor Day in New York City today, at which the company will reiterate its long-term financial targets through fiscal 2022.
- The positive outlook reflects a strong foundation for growth exiting fiscal 2018, including a record backlog and end market and business development momentum.
- In addition, the company’s outlook is benefiting from recently-announced strategic actions, including a substantial $225M reduction in G&A and ongoing efforts to prioritize investments to higher-margin and lower-risk opportunities.
- ACM +0.2% premarket