AECOM Technology Corporation Q3 adjusted earnings Beat Estimates

(RTTNews) - AECOM Technology Corporation (ACM) revealed a profit for third quarter that dropped from the same period last year.

The company's earnings came in at $27.97 million, or $0.19 per share. This compares with $91.11 million, or $0.56 per share, in last year's third quarter.

Excluding items, AECOM Technology Corporation reported adjusted earnings of $108.2 million or $0.73 per share for the period.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.9% to $3.41 billion from $3.19 billion last year.

AECOM Technology Corporation earnings at a glance:

-Earnings (Q3): $108.2 Mln. vs. $88.3 Mln. last year. -EPS (Q3): $0.73 vs. $0.55 last year. -Analysts Estimate: $0.72 -Revenue (Q3): $3.41 Bln vs. $3.19 Bln last year.

-Guidance: Full year EPS guidance: $2.75 and $2.85