Aecom is expected to report consensus revenue of $4.38 billion and adjusted EPS of $1.53, while the stock currently trades at $128.42, roughly 14% below the average analyst price target of $148.60.
The primary focus for investors this quarter is the expansion of the company's total backlog, which serves as the leading indicator for future service revenue growth.
Analysts expect continued tailwinds from the Infrastructure Investment and Jobs Act to drive robust organic growth in the domestic Design and Consulting Services segment. Market participants are also looking for signs of margin improvement in the International segment as the company optimizes its global project footprint.