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

ABM Industries

06/06/2023 14:31

* ABM Industries Inc  ABM.N  reported quarterly adjusted
earnings
of 90 cents​​ per share for the quarter ended in April. The mean
expectation of eight analysts for the quarter was for earnings
of 86 cents per share.
    * Revenue rose 4.5% to $1.98 billion from a year ago;
analysts
expected $2.00 billion. 
    * ABM Industries Inc's reported EPS for the quarter was 78
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * ABM Industries Inc shares had risen by 0.8% this
quarter and
gained 2.0% so far this year.
    * The company reported quarterly net income of $51.9
million.
    * Wall Street's median 12-month price target for ABM
Industries
Inc is $54.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data June
6 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.86           0.90           Beat
 Jan. 31 2023      0.77           0.79           Beat
 Oct. 31 2022      0.88           0.89           Beat
 Jul. 31 2022      0.90           0.94           Beat