Company Announcement - ABM will release its financial results for the fiscal third quarter 2024 on September 6, 2024, before market open [1] - A quarterly conference call will be held on the same day at 8:30 AM (ET), accessible via audio webcast or by phone [1] - A supplemental presentation will accompany the webcast, and a replay will be available for three hours after the call until September 20, 2024 [1] Company Overview - ABM is one of the largest providers of integrated facility services globally, focusing on creating cleaner, healthier, and more sustainable environments [2] - The company offers a wide range of services including janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission-critical solutions [2] - Founded in 1909, ABM has annualized revenue exceeding $8 billion and employs over 100,000 team members across more than 350 offices in the US, UK, and other international locations [2]

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 ...

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 ...