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AECOM is well poised from the favorable political climate that will continue to unlock growth opportunities of the infrastructure and defense markets. Meanwhile, in order to improve profitability and de-risk its business profile, AECOM has initiated a $225-million General and Administrative (G&A) reduction plan. It has plans to exit more than 30 countries, in order to prioritize investments in markets with higher growth prospects and competitive advantages. However, shares of AECOM have advanced 6% in the past month, underperforming its industry. Estimates have remained unchanged for fiscal 2019 but declined for 2020 over the past 30 days. The company expects a large portion of expenses under the current plan to be incurred in the first half of 2019, which is a cause of concern.

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