ABM Industries(ABM)

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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
Core Viewpoint - ABM is set to release its financial results for the fiscal fourth quarter of 2024 on December 18, 2024, before the market opens [1]. Group 1: Financial Results Announcement - The financial results will be announced on December 18, 2024, before market open [1]. - A quarterly conference call will be held on the same day at 8:30 AM (ET) for interested parties [2]. - The conference call can be accessed via audio webcast or by dialing specific numbers for domestic and international participants [2]. Group 2: Supplemental Information - A supplemental presentation will accompany the webcast and will be available on the company's website [3]. - A replay of the conference call will be available approximately three hours after the live event and can be accessed until January 1, 2025 [3]. Group 3: Company Overview - ABM is one of the largest providers of integrated facility services, with annualized revenue exceeding $8 billion [4]. - The company offers a wide range of facility services, including janitorial, engineering, parking, and energy solutions, among others [4]. - ABM operates over 350 offices globally, employing more than 100,000 team members [4].
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 ...
ABM Industries: Sailing Secular Tailwinds With Its Resilient, Capital-Lite Ship
Seeking Alpha· 2024-10-05 07:10
ABM Industries Inc. (NYSE: ABM ) is in the integrated facility and essential services business. It boasts strong and consistent cash flow generation along with a highly resilient business model, with exposure to some very strong secular tailwinds. It I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trend ...
ABM Industries Stock Rises 16% in Six Months: Here's Why
ZACKS· 2024-10-04 16:51
ABM Industries Incorporated (ABM) has had an impressive run in the past six months. The stock has gained 16%, outperforming the industry and the Zacks S&P 500 composite’s growth of 13% and 10%, respectively.Factors Driving the UptickABM’s diversified portfolio of services, including janitorial, engineering and facility services, has proven to be resilient during times of economic uncertainty. As businesses and institutions have heightened its focus on maintaining clean and safe environments, ABM has seen a ...
ABM Industries: The Recent Pullback Could Be A Good Entry Point For A Long Position
Seeking Alpha· 2024-10-04 10:30
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Here's Why Hold Strategy is Apt for ABM Industries Stock Now
ZACKS· 2024-09-20 16:21
ABM Industries Incorporated (ABM) has had an impressive run over the past year, with shares rising 29.3%. The company has an impressive Growth Score of A. This style score condenses all the essential metrics from a company's financial statements to get a true sense of the quality and sustainability of its growth. ABM's Tailwinds ABM has consistently demonstrated its commitment to rewarding shareholders through dividends and share buybacks. In fiscal years 2023, 2022, and 2021, the company distributed $57.5 ...