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Benzinga
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Top Wall Street Forecasters Revamp Aecom Price Expectations Ahead Of Q1 Earnings

1. AECOM expects Q1 earnings to rise to $1.10 per share. 2. Projected revenue for AECOM is $4.11 billion, up from $3.9 billion. 3. Analysts maintain positive ratings, with price targets mostly lowered slightly. 4. Citigroup cut its target to $127, retaining a Buy rating. 5. Truist raised the target to $129, also with a Buy rating.

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FAQ

Why Bullish?

The expectation of increased earnings could support ACM's share price. Past earnings increases often correlate with price upticks.

How important is it?

The upcoming earnings report and analysts' ratings are critical to assessing ACM's performance. Analysts play a significant role in shaping investor sentiment which can impact stock price.

Why Short Term?

Q1 earnings report approaching will have immediate effects on sentiment and stock movement. Similar situations in the past have seen notable short-term price movements.

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