ABM Industries Incorporated (ABM) is benefiting from the long-term transformative and strategic plans, acquisition and liquidity amid economic and labor risks.ABM reported impressive first-quarter fiscal 2024 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate. ABM’s EPS (excluding 16 cents from non-recurring items) was 86 cents per share, which surpassed the Zacks Consensus Estimate by 19.4% and increased 8.9% from the prior-year quarter. Total revenues of $2.1 billion ...

anurak phraisan/iStock via Getty ImagesThe Dividend Kings are stocks that have increased their dividends annually for 50+ years. It's a formidable list to enter. Only 47 stocks have made it. Consequently, it's a mark of distinction and points to long-term earnings and dividend safety. In this article, I discuss three of my favorite Dividend Kings to buy for the long term. We analyze these stocks monthly using a previously described methodology. We typically emphasize earnings and dividend growth, divide ...

ABM Industries (ABM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changin ...

ABM Industries Incorporated (ABM) reported impressive first-quarter fiscal 2024 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate.ABM’s EPS (excluding 16 cents from non-recurring items) was 86 cents per share, which surpassed the Zacks Consensus Estimate by 19.4% and increased 8.9% from the prior-year quarter. Total revenues of $2.1 billion beat the consensus mark by 2.9% and improved 3.9% from first-quarter fiscal 2023.The company’s shares have gained 10.9% in the pas ...

ABM Industries Incorporated (NYSE:ABM) Q1 2024 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President and Chief Executive Officer Earl Ellis - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Andrew Wittmann - Baird Faiza Alwy - Deutsche Bank Joshua Chan - UBS Jasper Bibb - Truist Securities David Silver - CL King Operator Greetings and welcome to ...

For the quarter ended January 2024, ABM Industries (ABM) reported revenue of $2.07 billion, up 3.9% over the same period last year. EPS came in at $0.86, compared to $0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.01 billion, representing a surprise of +2.90%. The company delivered an EPS surprise of +19.44%, with the consensus EPS estimate being $0.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

ABM Industries (ABM) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 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 19.44%. 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 $0.93 per share when it actually produced e ...

First Quarter 2024 Earnings Presentation March 7, 2024 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,” “inte ...

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 January 31, 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- ...

Exhibit 99.1 ABM REPORTS FIRST QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 3.9% to $2.1 billion, all organic growth • Net income of $44.7 million and GAAP EPS of $0.70, up 16% and 21%, respectively, includes certain discrete tax benefits of $4.4 million, or $0.07 per share • Adjusted EBITDA of $116.7 million, down 5% • Adjusted EPS of $0.86, up 9% • Raises outlook for fiscal year 2024 adjusted EPS to $3.30 to $3.45, up from $3.20 to $3.40 (1) NEW YORK, NY - ...