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Top Wall Street Forecasters Revamp ABM Expectations Ahead Of Q1 Earnings - ABM Indus (NYSE:ABM)
Benzinga· 2026-03-10 08:20
Core Viewpoint - ABM Industries Incorporated is set to release its first quarter earnings on March 10, with expectations of a slight decline in earnings per share compared to the previous year [1] Financial Performance - Analysts predict ABM will report earnings of 87 cents per share, unchanged from the previous year [1] - The consensus estimate for quarterly revenue is $2.19 billion, an increase from $2.11 billion reported last year [1] Recent Developments - On March 4, ABM announced a multi-year partnership with the Philadelphia Phillies for facility engineering, maintenance, and cleaning solutions at Citizens Bank Park [2] - Following the announcement, ABM's shares fell by 1.3%, closing at $43.28 [2] Analyst Insights - Recent ratings from analysts indicate varying opinions on ABM stock, with a focus on its performance and potential investment opportunities [3]
Top Wall Street Forecasters Revamp ABM Expectations Ahead Of Q1 Earnings
Benzinga· 2026-03-10 08:20
Core Viewpoint - ABM Industries Incorporated is expected to report a slight decline in earnings per share for the first quarter, with analysts projecting earnings of 87 cents, unchanged from the previous year, while quarterly revenue is anticipated to increase to $2.19 billion from $2.11 billion [1]. Group 1: Earnings Expectations - Analysts expect ABM to report earnings of 87 cents per share for the first quarter, consistent with the previous year [1]. - The consensus estimate for ABM's quarterly revenue is $2.19 billion, an increase from $2.11 billion reported last year [1]. Group 2: Recent Developments - On March 4, ABM announced a multi-year partnership with the Philadelphia Phillies to provide integrated facility engineering, maintenance, and cleaning solutions at Citizens Bank Park [2]. - Following the announcement, ABM's shares fell by 1.3%, closing at $43.28 [2]. Group 3: Analyst Ratings - Benzinga provides access to the latest analyst ratings for ABM, allowing readers to sort by various criteria such as stock ticker and rating changes [3].