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AECOM Technology Corporation

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AECOM’s first-quarter fiscal 2016 adjusted earnings topped the Zacks Consensus Estimate but came below the year-ago figure.Positive industry trends indicate that the company stands to gain significantly from healthy performance of its three business segments; while robust contracted backlog levels underscores its resiliency.  Despite these positives, macroeconomic factors like slowdown in China, strengthening of the U.S. dollar and unfavorable political & military conditions in certain end-markets pose as concerns. Moreover, current volatility in commodity prices, especially in oil & gas market will likely bother the company’s financials in the near term. In addition, uncertainty associated with government contracts and location of the company’s operations in risk-prone areas (which exposes to it to unforeseen challenges) remain as matters of concern.

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