ABM Industries Inc expected to post earnings of 86  cents a share - Earnings Preview

ABM Industries

02/06/2023 14:06

* ABM Industries Inc  ABM.N   ABM  is expected to show a
rise in
quarterly revenue when it reports  results on June 6. 
    * The New York City-based  company is expected to report  a
5.5% increase in revenue to $2.002 billion from $1.9 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ABM Industries Inc
is for
earnings of 86 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ABM
Industries
Inc is $54.5​, above​ its last closing price of $44.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  0.77        0.77       0.79      Beat    3.2
 Oct. 31 2023  0.89        0.88       0.89      Beat    0.8
 Jul. 31 2022  0.90        0.90       0.94      Beat    3.9​
 Apr. 30 2022  0.84        0.84       0.89      Beat    5.6
 ​​Jan.        0.76        0.78       0.94      Beat    21
 31 2022                                                
 Oct. 31 2021  0.80        0.80       0.85      Beat    6.3​
 Jul. 31 2021  0.84        0.81       0.90      Beat    10.9
 Apr. 30 2021  0.72        0.71       0.82      Beat    15
 This summary was machine generated June 2 at 13:06 GMT.  All
figures in US dollars  unless otherwise stated