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ABM Industries (ABM) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2024-12-18 14:16
ABM Industries (ABM) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.65%. 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 $0.85 per share when it actually produced ea ...
ABM Industries(ABM) - 2024 Q4 - Earnings Call Presentation
2024-12-18 13:32
Fourth Quarter 2024 Earnings Presentation December 18, 2024 1 Forward Looking Statements This press release contains both historical and forward-looking statements about ABM Industries Incorporated ("ABM") and its subsidiaries (collectively referred to as "ABM," "we," "us," "our," or the "Company"). We make forward-looking statements related to future expectations, estimates and projections that are uncertain, and often contain words such as "anticipate," "believe," "could," "estimate," "expect," "forecast, ...
ABM Industries(ABM) - 2024 Q4 - Annual Results
2024-12-18 12:03
ABM REPORTS FOURTH QUARTER AND FULL FISCAL 2024 RESULTS AND PROVIDES FISCAL 2025 OUTLOOK • Revenue of $2.2 billion in the fourth quarter, including 3.2% organic growth • Net loss of $11.7 million and GAAP loss per share of $0.19 in the fourth quarter, largely reflecting a $59.7 million adjustment to the RavenVolt acquisition cash earn-out • Adjusted EBITDA of $128.0 million in the fourth quarter • Adjusted EPS of $0.90 in the fourth quarter • Repurchased $32.0 million of common stock in the fourth quarter a ...
ABM Reports Fourth Quarter and Full Fiscal 2024 Results and Provides Fiscal 2025 Outlook
GlobeNewswire· 2024-12-18 11:58
Revenue of $2.2 billion in the fourth quarter, including 3.2% organic growth Net loss of $11.7 million and GAAP loss per share of $0.19 in the fourth quarter, largely reflecting a $59.7 million adjustment to the RavenVolt acquisition cash earn-out Adjusted EBITDA of $128.0 million in the fourth quarter Adjusted EPS of $0.90 in the fourth quarterRepurchased $32.0 million of common stock in the fourth quarter and $55.8 million for full fiscal 2024Raises quarterly dividend 18%, as previously announcedFiscal 20 ...
Unveiling ABM Industries (ABM) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-12-13 15:15
In its upcoming report, ABM Industries (ABM) is predicted by Wall Street analysts to post quarterly earnings of $0.86 per share, reflecting a decline of 14.9% compared to the same period last year. Revenues are forecasted to be $2.09 billion, representing a year-over-year decrease of 0.3%.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 ...
ABM to Announce Fourth Quarter and Full Year 2024 Financial Results
GlobeNewswire News Room· 2024-12-03 13:00
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal fourth quarter 2024 on Wednesday, December 18, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, December 18, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, www.abm.com, or by ...
ABM Industries Benefits From ELEVATE Plan and High Liquidity
ZACKS· 2024-11-19 13:16
ABM Industries Incorporated's (ABM) shares have gained 17.1% in the past year, outperforming the industry and the Zacks S&P 500 composite's growth of 10.3% and 11%, respectively. One Year Price Performance Image Source: Zacks Investment Research ABM Industries reported impressive third-quarter fiscal 2024 results. The company's EPS (excluding 86 cents from non-recurring items) was 94 cents, which outpaced the Zacks Consensus Estimate by 10.6% and gained 19% year over year. Total revenues of $2.1 billion sur ...
Is ABM Industries (ABM) Stock Undervalued Right Now?
ZACKS· 2024-10-25 14:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leavin ...
ABM and Mainspring Energy Sign Strategic Partnership
GlobeNewswire News Room· 2024-10-24 12:00
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management today announced a strategic partnership with Mainspring Energy, Inc., in which ABM will deploy Mainspring's cutting-edge Linear Generator technology to enhance electric vehicle (“EV”) charging solutions for fleet, commercial and industrial clients that require turnkey offerings and on-site power generation projects. The availability and reliabili ...
ABM Announces Appointment of New General Counsel
GlobeNewswire News Room· 2024-10-17 20:05
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), one of the world's largest providers of integrated facility services, infrastructure solutions and parking management, today announced the appointment of Miranda Tolar as Executive Vice President and General Counsel effective January 1, 2025. In this critical role for the Company, Tolar will oversee the legal, compliance, risk and safety organization, succeeding Andrea Newborn who recently announced her retirement. Newborn will remain with the com ...