Revenue during the quarter went up marginally by 1.05 percent to $4,427.20 million from $4,381.30 million in the previous year period. Gross margin for the quarter contracted 38 basis points over the previous year period to 3.80 percent. Total expenses were 96.82 percent of quarterly revenues, up from 96.79 percent for the same period last year. That has resulted in a contraction of 3 basis points in operating margin to 3.18 percent.

Operating income for the quarter was $140.91 million, compared with $140.76 million in the previous year period.

However, the adjusted operating income for the quarter stood at $188.50 million compared to $268.60 million in the prior year period. At the same time, adjusted operating margin contracted 187 basis points in the quarter to 4.26 percent from 6.13 percent in the last year period.

"We had several key accomplishments in the second quarter: we delivered EPS ahead of our expectations, we had positive organic revenue growth and we announced the first monetization from our AECOM Capital portfolio," said Michael S. Burke, AECOM's chairman and chief executive officer. "In addition, shortly after the quarter closed, we were selected for a substantial $3.6 billion project in our Management Services business, which builds on our recent large project wins. These successes are the clearest evidence yet that our intensified business development investments and efforts to drive growth are delivering results."

For financial year 2017, the company forecasts diluted earnings per share to be in the range of $2.14 to $2.54. The company forecasts diluted earnings per share to be in the range of $2.80 to $3.20 on adjusted basis.