ABM Industries Inc reports results for the quarter ended in April - Earnings Summary

ABM Industries

08/06/2022 22:02

* ABM Industries Inc  ABM.N  reported quarterly adjusted
earnings
of 89 cents​​ per share for the quarter ended in April. The mean
expectation of seven analysts for the quarter was for earnings
of 84 cents per share.
    * Revenue rose 26.7% to $1.90 billion from a year ago; 
analysts
expected $1.88 billion. 
    * ABM Industries Inc's reported EPS for the quarter was 72
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * ABM Industries Inc shares had risen by 8.8% this
quarter and
gained 22.7% so far this year.
    * The company reported quarterly net income of $48.8
million.
    * Wall Street's median 12-month price target for ABM
Industries
Inc is $55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated June 8 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated