Workflow
earnings outlook
icon
Search documents
ABM Industries (ABM) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-03-12 13:10
Group 1: Earnings Performance - ABM Industries reported quarterly earnings of $0.87 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and showing a slight increase from $0.86 per share a year ago [1] - The earnings surprise for this quarter was 11.54%, following a previous quarter where the company also surpassed expectations with earnings of $0.90 per share against an estimate of $0.86, resulting in a surprise of 4.65% [2] - Over the last four quarters, ABM Industries has consistently surpassed consensus EPS estimates [2] Group 2: Revenue Performance - The company posted revenues of $2.11 billion for the quarter ended January 2025, which was 0.69% above the Zacks Consensus Estimate and an increase from $2.07 billion in the same quarter last year [3] - ABM Industries has also topped consensus revenue estimates in each of the last four quarters [3] Group 3: Stock Performance and Outlook - Since the beginning of the year, ABM Industries shares have declined by approximately 2.6%, while the S&P 500 has seen a decline of 5.3% [4] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [4][5] - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $2.07 billion, and for the current fiscal year, it is $3.71 on revenues of $8.56 billion [8] Group 4: Industry Context - The Business - Services industry, to which ABM Industries belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [9] - The performance of ABM Industries may also be influenced by the outlook for the industry as a whole, with research indicating that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9]
Metallus (MTUS) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2025-02-28 00:25
Company Performance - Metallus (MTUS) reported a quarterly loss of $0.08 per share, significantly missing the Zacks Consensus Estimate of $0.01, and down from earnings of $0.36 per share a year ago, representing an earnings surprise of -900% [1] - The company posted revenues of $240.5 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.72%, and down from $328.1 million in the same quarter last year [2] - Over the last four quarters, Metallus has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during this period [2] Stock Outlook - Metallus shares have increased by approximately 12.7% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $0.02 on revenues of $269.9 million, and for the current fiscal year, it is $1.05 on revenues of $1.16 billion [7] Industry Context - The Steel - Speciality industry, to which Metallus belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Metallus's stock performance [5]