ABM Industries Inc reports results for the quarter ended in October - Earnings Summary
13/12/2023 14:32
* ABM Industries Inc ABM.N reported quarterly adjusted
earnings
of $1.01 per share for the quarter ended in October, higher
than the same quarter last year, when the company reported EPS
of 89 cents. The mean expectation of eight analysts for the
quarter was for earnings of 92 cents per share. Wall Street
expected results to range from 89 cents to 97 cents per share.
* Revenue rose 4.1% to $2.09 billion from a year ago;
analysts
expected $2.03 billion.
* ABM Industries Inc's reported EPS for the quarter was 96
cents.
* The company reported quarterly net income of $62.8
million.
* ABM Industries Inc shares had risen by 10.9% this
quarter and
lost 0.1% so far this year.
FORECAST CHANGES
* 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 earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* 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 average consensus recommendation for the business
support
services peer group is also "hold"
Wall Street's median 12-month price target for ABM Industries
Inc is $43.00
This summary was machine generated from LSEG data December 13 at
02:31 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Oct. 31 2023 0.92 1.01 Beat
Jul. 31 2023 0.89 0.79 Missed
Apr. 30 2023 0.86 0.90 Beat
Jan. 31 2023 0.77 0.79 Beat