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ABM — ABM Industries News Story

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ABM Industries Inc expected to post earnings of 92 cents a share - Earnings Preview

* ABM Industries Inc  ABM.N   ABM  is expected to show a
rise in
quarterly revenue when it reports  results on December 13 for
the period ending July 31 2023
    * The New York City-based  company is expected to report a
0.7% increase in revenue to $2.025 billion from $2.01 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for ABM Industries Inc is
for
earnings of 92 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 $43.00​, below​ its last closing price of $43.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.88        0.89       0.79      Missed  -10.9
 Apr. 30 2023  0.87        0.86       0.90      Beat    4.5
 Jan. 31 2023  0.77        0.77       0.79      Beat    3.2​
 Oct. 31 2022  0.89        0.88       0.89      Beat    0.8
 ​​Jul.        0.90        0.90       0.94      Beat    3.9
 31 2022                                                
 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
 This summary was machine generated December 11 at 13:56 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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