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

ABM Industries

09/09/2022 14:31

* ABM Industries Inc  ABM.N  reported quarterly adjusted
earnings
of 94 cents​​ per share for the quarter ended in July. The mean
expectation of seven analysts for the quarter was for earnings
of 90 cents per share.
    * Revenue rose 27.1% to $1.96 billion from a year ago;
analysts
expected $1.91 billion. 
    * ABM Industries Inc's reported EPS for the quarter was 85
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ABM Industries Inc shares had risen by 6.1% this
quarter and
gained 12.8% so far this year.
    * The company reported quarterly net income of $56.8
million.
    * Wall Street's median 12-month price target for ABM
Industries
Inc is $58.00 
    * 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." 

This summary was machine generated from Refinitiv data September
9 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.90           0.94           Beat
 Apr. 30 2022      0.84           0.89           Beat
 Jan. 31 2022      0.78           0.94           Beat
 Oct. 31 2021      0.80           0.85           Beat