ABM Industries (ABM) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.59%. 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 $0.78 per share when it actually produced e ...

Exhibit 99.1 ABM REPORTS THIRD QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 3.3% to $2.1 billion, including organic growth of 2.8% • Net income of $4.7 million and GAAP EPS of $0.07, each down 95%, largely reflecting the increased likelihood of a cash earn-out payment under the Ravenvolt acquisition agreement • Adjusted net income of $59.5 million and Adjusted EPS of $0.94, up 13% and 19%, respectively • Adjusted EBITDA of $128.1 million, up 2% • Raises outlo ...

Revenue up 3.3% to $2.1 billion, including organic growth of 2.8%Net income of $4.7 million and GAAP EPS of $0.07, each down 95%, largely reflecting the increased likelihood of a cash earn-out payment under the Ravenvolt acquisition agreementAdjusted net income of $59.5 million and Adjusted EPS of $0.94, up 13% and 19%, respectivelyAdjusted EBITDA of $128.1 million, up 2%Raises outlook for fiscal year 2024 Adjusted EPS to $3.48 to $3.55, from $3.40 to $3.50 (1) NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- A ...

In its upcoming report, ABM Industries (ABM) is predicted by Wall Street analysts to post quarterly earnings of $0.85 per share, reflecting an increase of 7.6% compared to the same period last year. Revenues are forecasted to be $2.04 billion, representing a year-over-year increase of 0.5%.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 ove ...

NEW YORK, Aug. 22, 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 third quarter 2024 on Friday, September 6, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Friday, September 6, 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 dialing ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ABM Industries (ABM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.ABM Industries is one of 316 companies in the Business Services group. The Business Services group currently sits at #6 within the ...

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, is pleased to announce it has recently been awarded a NASPO ValuePoint® contract for electric vehicle (EV) charging infrastructure. This important contract authorizes ABM to offer its industry-leading, single-source EV charging infrastructure solutions to state and local government and educational entities across the nation more efficiently and c ...

Investors in ABM Industries Incorporated (ABM) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $30 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It coul ...

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named one of Selling Power Magazine's 60 Best Companies to Sell For in 2024. This is the third consecutive year ABM has been named to the list, recognizing the top companies leading in the alignment of people, processes, and technologies to create effective sales cultures. "We are honored to once again be recognized as o ...

ABM Industries (ABM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a chan ...