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DAILY EARNINGS

Aecom Net Soars; Enerplus, InterOil Net Loss Narrows


Author: Mukesh Buch
ticker.com
Last Update: 3:04 AM ET November 14 2016

12:00 PM New York Aecom fourth-quarter net surged but revenues declined 9% to $4.3 billion. Enerplus third-quarter net loss narrowed to $96 million. InterOil third-quarter net loss narrowed to $26 million.

Tollbooth Index slumped 62.48 or 0.6% to 10,757.08.

Earnings Review

Aecom (ACM) the engineering construction services provider reported revenues in the fourth-quarter ending in September declined 8.5% from a year ago to $4.3 billion.

Net income in the quarter surged to $7 million or 5 cents per diluted share compared to the $1.1 million or 1 cent per share from the same quarter last year.

Aecom forecasted earnings per share in fiscal 2017 between $2.70 and $3.10 and capital expenditures of about $115 million while depreciation expense of about $165 million.

Enerplus Corp (ERF), Canada-based energy producer said revenues in the third-quarter ending in September plummeted 35.2% from a year ago to $200.4 million.

Net loss in the quarter narrowed to $96.2 million or 42 cents per diluted share compared to the $176.9 million or $1.42 per share from the same quarter last year.

InterOil Corporation (IOC), Singapore-focused oil and gas producer reported total revenues in the third-quarter ending in September plunged 39% from a year ago to $7.2 million.

Net loss in the quarter narrowed to $25.7 million or 51 cents per diluted share compared to the $103.7 million or $2.09 per share from the same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc