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ABM Expands Industry-leading EV Infrastructure Capabilities to Service Fleets Across the Private and Public Sectors
globenewswire.com· 2024-05-21 12:00
NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) --  ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management is expanding its capabilities and focus to serve comprehensive fleet electrification, as eCommerce, distribution, last mile, airports, stadiums, municipal and public transit clients seek to scale the electrification of their fleets over the coming years. With over 30,000 EV ports installed nationwide, ABM is a leader in eMobility and energy infrast ...
ABM Industries: Good Execution, Attractive Valuation Makes Me Positive On The Stock (Rating Upgrade)
seekingalpha.com· 2024-05-20 17:04
blackred Investment Thesis I last covered ABM Industries Incorporated (NYSE:ABM) in November 2023 with a neutral rating as I was concerned about the slowdown in the commercial office end market. However, the company is executing well and despite the macro headwind related to commercial office space market impacting its largest B&I segment, it was able to post Y/Y growth by outperforming the B&I end market and posting good growth in the remaining segments. Looking forward, I expect the healthy growth in ...
ABM Recognized as One of the Best Places to Work in Healthcare
globenewswire.com· 2024-05-20 12:00
NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, has been recognized as one of the 2024 Best Places to Work in Healthcare by Modern Healthcare. This is the seventh time ABM has been named to the list, which recognizes outstanding employers in the healthcare industry nationwide. “Providing a great experience for our clients begins with a great experience for our team members,” said Valerie Burd, P ...
ABM Serving as Critical Support for U.S. Semiconductor Manufacturing as Sector Grows Domestic Capacity
Newsfilter· 2024-03-21 12:00
NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility services, infrastructure solutions, and transportation management, is playing a vital role as the semiconductor manufacturing industry grows domestic capacity across the U.S., bolstered by the CHIPS and Science Act of 2022. Through unmatched industry expertise and comprehensive end-to-end solutions, ABM is enabling leading semiconductor companies to focus on their product, while ABM delivers all ancillary services, i ...
ABM Named Among 25 Best Companies for Latinos to Work by Latino Leaders Magazine for Second Consecutive Year
Newsfilter· 2024-03-19 20:05
NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been ranked among the 25 Best Companies for Latinos to Work in 2024, by Latino Leaders Magazine. This is the second consecutive year ABM has been named to the list, recognizing the top 25 U.S. companies that have the deepest commitment for Latino talent to thrive and who have demonstrated substantial efforts to open their co ...
ABM Industries (ABM) Gains From ELEVATE Amid Economic Risks
Zacks Investment Research· 2024-03-14 16:11
ABM Industries Incorporated (ABM) is benefiting from the long-term transformative and strategic plans, acquisition and liquidity amid economic and labor risks.ABM reported impressive first-quarter fiscal 2024 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate. ABM’s EPS (excluding 16 cents from non-recurring items) was 86 cents per share, which surpassed the Zacks Consensus Estimate by 19.4% and increased 8.9% from the prior-year quarter. Total revenues of $2.1 billion ...
3 Dividend King Stocks To Buy For The Long-Term
Seeking Alpha· 2024-03-12 00:57
anurak phraisan/iStock via Getty ImagesThe Dividend Kings are stocks that have increased their dividends annually for 50+ years. It's a formidable list to enter. Only 47 stocks have made it. Consequently, it's a mark of distinction and points to long-term earnings and dividend safety. In this article, I discuss three of my favorite Dividend Kings to buy for the long term. We analyze these stocks monthly using a previously described methodology. We typically emphasize earnings and dividend growth, divide ...
All You Need to Know About ABM Industries (ABM) Rating Upgrade to Buy
Zacks Investment Research· 2024-03-11 17:01
ABM Industries (ABM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changin ...
ABM Industries (ABM) Q1 Earnings & Revenues Beat Estimates
Zacks Investment Research· 2024-03-08 15:00
ABM Industries Incorporated (ABM) reported impressive first-quarter fiscal 2024 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate.ABM’s EPS (excluding 16 cents from non-recurring items) was 86 cents per share, which surpassed the Zacks Consensus Estimate by 19.4% and increased 8.9% from the prior-year quarter. Total revenues of $2.1 billion beat the consensus mark by 2.9% and improved 3.9% from first-quarter fiscal 2023.The company’s shares have gained 10.9% in the pas ...