NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- ABM Industries Incorporated (together with its subsidiaries, collectively referred to as "ABM" "we," "us" or "our") (NYSE:ABM), a leading provider of facility solutions, today announced it has acquired Quality Uptime Services, Inc. ("Quality Uptime"), a prominent player in the critical power services industry for an all-cash purchase price of $119 million. Quality Uptime, headquartered in Bethel, CT, is a leading independent uninterrupted power supply system ("UPS ...

ABM Industries Incorporated (ABM) has had an impressive run in the past year, appreciating 22.5%.ABM’s multi-year comprehensive strategic plan, ELEVATE, focuses on providing clients with offerings that enhance transparency and efficiencies, developing its talent management system capabilities, expanding data usage and modernizing the digital ecosystem. ELEVATE is expected to significantly accelerate the company’s organic growth, improve its strategic and comprehensive positioning and reinforce profitability ...

Despite signs of cooling inflation, the measure is still well above the Fed’s 2% target. In fact, Fed Chairman Jerome Powell recently indicated just one cut for 2024. In March, the Fed had hinted at three rate cuts for the year.The latest stance implies that rates will remain high for longer than anticipated and push up the cost of borrowing. Despite the high interest rate-induced uncertainty, investors would want to design a portfolio that fetches handsome returns. For this, proper guidance from investment ...

Dividend King ABM Industries NYSE: ABM is neither a high-profile stock nor an exciting investment, but that is not why it’s a good buy. A solid, in-demand business steadily growing and widening margins offset the lack of excitement. The margin is critical to this investment as it drives significant cash flow, allowing for self-funded expansion, ultra-safe dividends, distribution growth, and share repurchases. ABM Industries TodayABMABM Industries$50.07 -0.87 (-1.71%) 52-Week Range$37.61▼$53.05Dividend Yield ...

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 ...

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 ...

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, 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 ...

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) 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 ...