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 ...

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 ...

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 ...

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 ...

NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named by Barron's as among the 100 Most Sustainable Companies for 2024. This is the second consecutive year ABM has been named to the list, which recognizes outstanding environmental sustainability performance among the 1,000 largest publicly traded companies in the United States. "With environmental sustainability a top ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility services, infrastructure solutions, and parking management today announced a 10-year partnership with Utica University to help transform its campus-wide facilities management operations and create engaging and sustainable spaces for students, faculty and staff. As one of the largest providers of higher education facility solutions in the United States, ABM will bring its industry-leading expertise to the Utica, New Yo ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility services, infrastructure solutions, and parking management today announced a 10-year partnership with Utica University to help transform its campus-wide facilities management operations and create engaging and sustainable spaces for students, faculty and staff. As one of the largest providers of higher education facility solutions in the United States, ABM will bring its industry-leading expertise to the Utica, New Y ...

Peter Lynch is renowned as one of the greatest investors of all time. During his 13-year reign at Fidelity Magellan, assets under management (AUM) grew from $20 million to $14 billion, a 29% compounded annual growth rate (CAGR).To put that in perspective, Warren Buffett has a 20% CAGR at Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), albeit over a 60-plus-year tenure. Yet, where Buffett was more of a classic value investor, Lynch was more growth-oriented. He also looked for companies at reasonable prices. And ...

ABM Industries (ABM) is one of the world’s largest facility services and solutions providers. It has performed exceptionally well over the past three months and has the potential to sustain its momentum in the near term. Consequently, if you have not taken advantage of the share price appreciation yet, it is time for you to add the stock to your portfolio.What Makes ABM an Attractive Pick?An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run over the past t ...

   NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, announced today that Scott Salmirs, President and CEO, has been awarded the number one spot on the Empower Advocates 2024 Role Model list. This is the second consecutive year Salmirs has been named to the list recognizing leaders dedicated to creating a more inclusive environment for people of color in business. "Receiving this recognition is an ...