Jun. 3, 2014, 5:02 PM
Jun. 4, 2013, 11:07 AMABM Industries (ABM +2.4%) enjoys a strong session after FQ2 earnings come in ahead of expectations. From the report: Adjusted EPS rises 20% Y/Y as the janitorial, facility services, and security segments see organic growth of 2.7%, 8.4%, and 3% respectively. CEO Henrik Slipsager says "recent project wins, a strong sales pipeline, and an improving economy, [leave ABM] well positioned for sustained growth." The company ups its full year EPS guidance to $1.40-1.50 versus consensus of $1.40. (PR) | Comment!
Jun. 3, 2013, 5:14 PM
Dec. 13, 2011, 5:19 PMABM Industries (ABM), a provider of facility staffing services, drops 4.7% AH after delivering its FQ4 report. EPS of $0.37 beat by a penny, and revenue of $1.08B (+20% Y/Y) was in-line. However, the company is guiding for FY12 EPS of $1.40-$1.50, a range that's largely below a $1.49 consensus. | Comment!
Sep. 9, 2011, 8:23 AMABM Industries (ABM) reports Q2 income jumped 33%, but issues a stern warning for Q3 saying it became clear "the U.S. economy will be weaker than anticipated, impacting our clients and resulting in further price compression." The firm's CEO says a delay in passing federal appropriations will also impact results. Shares -2.4% premarket. | Comment!
ABM vs. ETF Alternatives
ABM Industries Inc is engaged in providing end-to-end integrated facility solutions to commercial, industrial, institutional, retail, residential, and governmental facilities located primarily throughout the United States.
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