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ABM Serving as Critical Support for U.S. Semiconductor Manufacturing as Sector Grows Domestic Capacity
Newsfilter· 2024-03-21 12:00
NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility services, infrastructure solutions, and transportation management, is playing a vital role as the semiconductor manufacturing industry grows domestic capacity across the U.S., bolstered by the CHIPS and Science Act of 2022. Through unmatched industry expertise and comprehensive end-to-end solutions, ABM is enabling leading semiconductor companies to focus on their product, while ABM delivers all ancillary services, i ...
ABM Named Among 25 Best Companies for Latinos to Work by Latino Leaders Magazine for Second Consecutive Year
Newsfilter· 2024-03-19 20:05
NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been ranked among the 25 Best Companies for Latinos to Work in 2024, by Latino Leaders Magazine. This is the second consecutive year ABM has been named to the list, recognizing the top 25 U.S. companies that have the deepest commitment for Latino talent to thrive and who have demonstrated substantial efforts to open their co ...
ABM Industries (ABM) Gains From ELEVATE Amid Economic Risks
Zacks Investment Research· 2024-03-14 16:11
ABM Industries Incorporated (ABM) is benefiting from the long-term transformative and strategic plans, acquisition and liquidity amid economic and labor risks.ABM reported impressive first-quarter fiscal 2024 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate. ABM’s EPS (excluding 16 cents from non-recurring items) was 86 cents per share, which surpassed the Zacks Consensus Estimate by 19.4% and increased 8.9% from the prior-year quarter. Total revenues of $2.1 billion ...
3 Dividend King Stocks To Buy For The Long-Term
Seeking Alpha· 2024-03-12 00:57
anurak phraisan/iStock via Getty ImagesThe Dividend Kings are stocks that have increased their dividends annually for 50+ years. It's a formidable list to enter. Only 47 stocks have made it. Consequently, it's a mark of distinction and points to long-term earnings and dividend safety. In this article, I discuss three of my favorite Dividend Kings to buy for the long term. We analyze these stocks monthly using a previously described methodology. We typically emphasize earnings and dividend growth, divide ...
All You Need to Know About ABM Industries (ABM) Rating Upgrade to Buy
Zacks Investment Research· 2024-03-11 17:01
ABM Industries (ABM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changin ...
ABM Industries (ABM) Q1 Earnings & Revenues Beat Estimates
Zacks Investment Research· 2024-03-08 15:00
ABM Industries Incorporated (ABM) reported impressive first-quarter fiscal 2024 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate.ABM’s EPS (excluding 16 cents from non-recurring items) was 86 cents per share, which surpassed the Zacks Consensus Estimate by 19.4% and increased 8.9% from the prior-year quarter. Total revenues of $2.1 billion beat the consensus mark by 2.9% and improved 3.9% from first-quarter fiscal 2023.The company’s shares have gained 10.9% in the pas ...
ABM Industries(ABM) - 2024 Q1 - Earnings Call Transcript
2024-03-07 19:32
ABM Industries Incorporated (NYSE:ABM) Q1 2024 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President and Chief Executive Officer Earl Ellis - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Andrew Wittmann - Baird Faiza Alwy - Deutsche Bank Joshua Chan - UBS Jasper Bibb - Truist Securities David Silver - CL King Operator Greetings and welcome to ...
ABM Industries (ABM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-03-07 15:31
For the quarter ended January 2024, ABM Industries (ABM) reported revenue of $2.07 billion, up 3.9% over the same period last year. EPS came in at $0.86, compared to $0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.01 billion, representing a surprise of +2.90%. The company delivered an EPS surprise of +19.44%, with the consensus EPS estimate being $0.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
ABM Industries (ABM) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-03-07 14:06
ABM Industries (ABM) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.44%. A quarter ago, it was expected that this provider of cleaning and other maintenance services for commercial buildings, hospitals and airports would post earnings of $0.93 per share when it actually produced e ...