ABM Industries Inc expected to post earnings of 90  cents a share - Earnings Preview

ABM Industries

07/09/2022 13:32

* ABM Industries Inc  ABM.N   ABM  is expected to show a
rise in
quarterly revenue when it reports  results on September 9. 
    * The New York City-based  company is expected to report  a
24.0% increase in revenue to $1.913 billion from $1.54 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ABM Industries Inc
is for
earnings of 90 cents per share. For the same quarter last year,
the company reported earnings of 90 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 $58​, above​ its last closing price of $44.86. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2022  0.84        0.84       0.89      Beat    5.6
 Jan. 31 2022  0.76        0.78       0.94      Beat    21
 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.        0.72        0.71       0.82      Beat    15
 30 2021                                                
 Jan. 31 2021  0.61        0.59       1.01      Beat    70.2​
 Oct. 31 2020  0.71        0.70       0.69      Missed  -1.9
 Jul. 31 2020  0.45        0.42       0.75      Beat    79.3
 This summary was machine generated September 7 at 12:32 GMT. 
All figures in US dollars  unless otherwise stated