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

ABM Industries

07/09/2023 14:31

* ABM Industries Inc  ABM.N  reported quarterly adjusted
earnings
of 79 cents​​ per share for the quarter ended in July. The mean
expectation of eight analysts for the quarter was for earnings
of 89 cents per share.
    * Revenue rose 3.4% to $2.03 billion from a year ago;
analysts
expected $2.01 billion. 
    * ABM Industries Inc's reported EPS for the quarter was
$1.47​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ABM Industries Inc shares had risen by 5.1% this
quarter and
gained 0.9% so far this year.
    * The company reported quarterly net income of $98.1
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," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 7 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.89           0.79           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