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ABM Announces Partnership with Phoenix's Three Airports
Newsfilter· 2024-06-11 12:00
NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced its latest partnership as the primary janitorial cleaning provider with the City of Phoenix for the city's three airports: Phoenix Sky Harbor International Airport (PHX), Deer Valley Airport (DVT), and Goodyear Airport (GYR). Encompassing 4.8 million square feet of space across the three airports, the landmark 5-year, $25 million co ...
ABM and Rezcomm Collaborate to Enhance ABM Vantage™ Smart Parking Platform
Newsfilter· 2024-06-10 12:00
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility services, infrastructure and eMobility solutions, and parking management, has announced the next evolution of ABM Vantage – the groundbreaking solution advancing the parking technology ecosystem. ABM has entered into a strategic partnership with Rezcomm, a leading technology provider for the airport and parking industry, to further customize, enhance, and scale the ABM Vantage platform for a wider range of parking cl ...
ABM and Rezcomm Collaborate to Enhance ABM Vantage™ Smart Parking Platform
GlobeNewswire News Room· 2024-06-10 12:00
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility services, infrastructure and eMobility solutions, and parking management, has announced the next evolution of ABM Vantage – the groundbreaking solution advancing the parking technology ecosystem. ABM has entered into a strategic partnership with Rezcomm, a leading technology provider for the airport and parking industry, to further customize, enhance, and scale the ABM Vantage platform for a wider range of parking cl ...
ABM Industries(ABM) - 2024 Q2 - Earnings Call Transcript
2024-06-06 17:52
ABM Industries, Inc. (NYSE:ABM) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Paul Goldberg - SVP, IR Scott Salmirs - President & CEO Earl Ellis - EVP & CFO Conference Call Participants Tim Mulrooney - William Blair Jasper Bibb - Truist Securities Faiza Alwy - Deutsche Bank David Silver - CL King & Associates Joshua Chan - UBS Marc Riddick - Sidoti & Company Operator Greeting, and welcome to the ABM Industries Inc. Second Quarter 2024 Earnings Call. [Operator Instructions] As ...
ABM Industries(ABM) - 2024 Q2 - Quarterly Report
2024-06-06 15:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-8929 ABM INDUSTRIES INCORPORATED (Exact name of registrant as specified in its charter) Delaware 94-13 ...
ABM Industries (ABM) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-06-06 14:31
ABM Industries (ABM) reported $2.02 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 1.7%. EPS of $0.87 for the same period compares to $0.90 a year ago.The reported revenue represents a surprise of +0.95% over the Zacks Consensus Estimate of $2 billion. With the consensus EPS estimate being $0.78, the EPS surprise was +11.54%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
ABM Industries (ABM) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-06-06 13:05
ABM Industries (ABM) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.54%. A quarter ago, it was expected that this provider of cleaning and other maintenance services for commercial buildings, hospitals and airports would post earnings of $0.72 per share when it actually produced e ...
ABM Industries(ABM) - 2024 Q2 - Quarterly Results
2024-06-06 11:02
Exhibit 99.1 ABM REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 2% to $2.0 billion, all organic growth • Net income of $43.8 million and GAAP EPS of $0.69, declines of 16% and 12%, respectively • Adjusted EBITDA of $125.3 million, down 9% • Adjusted EPS of $0.87, down 3% • Operating cash flow of $117.0 million and free cash flow of $101.4 million, both up significantly • Raises outlook for fiscal year 2024 adjusted EPS to $3.40 to $3.50, up from ...
ABM Reports Second Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS
GlobeNewswire News Room· 2024-06-06 10:58
Revenue up 2% to $2.0 billion, all organic growthNet income of $43.8 million and GAAP EPS of $0.69, declines of 16% and 12%, respectivelyAdjusted EBITDA of $125.3 million, down 9%Adjusted EPS of $0.87, down 3%Operating cash flow of $117.0 million and free cash flow of $101.4 million, both up significantlyRaises outlook for fiscal year 2024 adjusted EPS to $3.40 to $3.50, up from $3.30 to $3.45 (1) NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today an ...
Curious about ABM Industries (ABM) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-06-03 14:15
Wall Street analysts expect ABM Industries (ABM) to post quarterly earnings of $0.78 per share in its upcoming report, which indicates a year-over-year decline of 13.3%. Revenues are expected to be $2 billion, up 0.8% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announces its ea ...