ABM Industries (ABM) Gains From ELEVATE Amid Economic Risks

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 ...