Aecom is trading 4.4% down at $64.08 after investors continued reacting on August 12, 2026, to fiscal third-quarter results and a $337 million pre-tax charge tied to a delayed legacy construction-management project.
- The charge contributed to a $0.50 adjusted loss per share; full-year adjusted EPS guidance fell to $3.95–$4.15 from $5.90–$6.10, while free-cash-flow guidance declined to approximately $300 million.
- Record $27.8 billion backlog and solid underlying design demand have not offset execution risk, lower near-term profitability, and reduced cash generation.
- The broader market was rising, so the decline appears company-specific rather than macro-driven.