Every material Form 8-K AECOM filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
AECOM said director Lydia H. Kennard informed the Board on November 19, 2024, that she will not stand for reelection at the 2025 Annual Meeting of Stockholders. The company said her decision is due to personal reasons and not a disagreement over its operations, policies or practices. She will remain a director and a member of the Nominating and Governance Committee until her term expires at that meeting.
Kennard notified the Board on November 19, 2024; the 8-K was dated November 22, 2024.
She will not stand for reelection at the 2025 Annual Meeting of Stockholders.
The company states the decision is due to personal reasons, not a disagreement with the company.
She continues as a director and Nominating and Governance Committee member until her term ends at the Annual Meeting.
AECOM reported fiscal fourth-quarter 2024 revenue of $4.1 billion, up 7% from a year earlier, with diluted EPS of $1.25 as reported and adjusted EPS up 26%. It guided fiscal 2025 adjusted EPS to $5.00 to $5.20 and raised its quarterly dividend 18% to $0.26 and its share repurchase authorization to $1 billion, which affects per-share returns for shareholders.
Q4 fiscal 2024 diluted EPS was $1.25 as reported, versus $0.24 a year earlier; adjusted EPS rose 26%
Full-year fiscal 2024 revenue was $16.1 billion, up 12%, and free cash flow was $708 million
Fiscal 2025 guidance includes adjusted EPS of $5.00 to $5.20 and adjusted EBITDA of $1,170 million to $1,210 million
Quarterly dividend raised to $0.26 from $0.22, payable January 17, 2025, to holders of record on January 2, 2025
AECOM reported third quarter fiscal 2024 results for the quarter ended June 30, 2024, with revenue up 13% to $4.2 billion and net income attributable to AECOM from continuing operations of $129 million, compared with a loss a year earlier. The company raised its fiscal 2024 earnings guidance, including adjusted EPS of $4.45 to $4.55, and said it has returned $407 million to shareholders so far this fiscal year.
Q3 revenue rose 13% to $4.2 billion; operating income was $227 million versus a loss of $105 million a year earlier.
Diluted EPS from continuing operations was $0.95, versus a loss of $0.90 in the prior-year quarter; adjusted EPS rose 23%.
Fiscal 2024 guidance raised to adjusted EBITDA of $1,075 million to $1,105 million and adjusted EPS of $4.45 to $4.55.
Company repurchased $150 million of stock since the quarter ended and has more than $700 million remaining under its repurchase authorization.
AECOM reported second-quarter fiscal 2024 results for the quarter ended March 31, 2024, with revenue up 13% to $3.9 billion, while net income from continuing operations fell 6% to $111 million and diluted EPS fell 4% to $0.81 as reported. The company raised its fiscal 2024 adjusted EBITDA guidance, which matters to shareholders because it signals management's confidence in the full year despite a $103 million loss from discontinued operations.
Revenue rose 13% to $3.9 billion; net service revenue rose 8% to $1.8 billion.
Fiscal 2024 adjusted EBITDA guidance raised to between $1,070 million and $1,105 million; adjusted EPS guidance is $4.35 to $4.55.
As-reported diluted EPS fell 4% to $0.81; a $103 million loss related to the 2021 civil construction business sale was recorded in discontinued operations.
The company returned $145 million to shareholders in the first half of fiscal 2024 through share repurchases and dividends.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every AECOM filing is on SEC EDGAR ↗. 8-K briefs of other companies →