🔴 Aecom is trading 10.8% down today after $337 million pre-tax charge and guidance cut

Aecom is trading at $65.38, 10.8% down after its August 10, 2026 earnings report exposed a $337 million pre-tax charge tied to delayed legacy Construction Management project.

• Adjusted quarterly loss: $0.50 versus approximately $1.51 expected; fiscal 2026 adjusted EPS guidance fell to $3.95–$4.15 from $5.90–$6.10.
• Decline was company-specific—not broad-market weakness—reflecting an earnings/outlook reset and weaker profitability and cash flow.
• Management cited delayed Construction Management starts and Middle East conflict pressures on net service revenue growth; record backlog offered limited offset.