AECOM Technology (ACM) Misses Q3 EPS by 11c
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AECOM reports third-quarter fiscal year 2015 results
August 11, 2015 7:00 AM EDTFinancial Highlights
Wins of $4.8 billion driven by a book-to-burn ratio1 of 1.5 in Americas design business. Free cash flow3 of $150 million; YTD free cash flow of $427 million. Company affirms 2015 to 2017 annual $600 million to $800 million free cash flow target. Q3 debt reduction of $95 million; $550 million in FY15 since the close of the transaction. Adjusted EPS2 of $0.74; solid performance offset by $0.09 lower-than-expected benefit from non-cash normal profit. On track to achieve full-year synergy savings run-rate of $180 million.... More