AECOM Investigation
Company: AECOM
Ticker: (NYSE) ACM
How to Check Whether You May Be Eligible in the AECOM Investigation
Investigation Details
AECOM shares fell approximately 8.9% after the Company reported quarterly earnings that missed consensus estimates and reduced its full-year guidance. Revenue came in at approximately $3.59 billion, down 14.2% year over year, missing the $4.31 billion consensus, while adjusted EPS was a loss of $0.50 against an expected $1.46 profit. The Company cut its full-year adjusted EPS guidance to a $4.05 midpoint and EBITDA guidance to $950 million. The shortfall was tied to weaker profitability, project execution concerns, and cash conversion issues, including delayed payment timing in the Middle East and longer-than-anticipated claim resolution. Operating cash flow fell 98% to $4 million, adjusted free cash flow was negative $27 million, and significant project claims increased by $280 million to $680.0 million. These results contrasted with prior statements, such as on February 10, 2026, when Chief Executive Officer Troy Rudd and CFO/COO Gaurav Kapoor stated they were "increasing the midpoints of our adjusted EBITDA and adjusted EPS guidance ranges for the full year" to an adjusted EPS midpoint of $5.95. The investigation concerns whether AECOM adequately disclosed its cash conversion pressures, project execution issues, and rising project claims ahead of its quarterly earnings release in May 2026.