Market Overview

Recap: ABM Indus Q3 Earnings

Share:

Shares of ABM Indus (NYSE:ABM) jumped 6.41% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 25.00% over the past year to $0.75, which beat the estimate of $0.42.

Revenue of $1,394,000,000 declined by 15.41% year over year, which missed the estimate of $1,470,000,000.

Guidance

ABM Indus hasn't issued any earnings guidance for the time being.

ABM Indus hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $40.78

52-week low: $19.79

Price action over last quarter: down 6.10%

Company Overview

ABM Industries is a provider of integrated facility solutions. It offers its solutions through five segments: business and industry, aviation, technology and manufacturing, education, and technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.

 

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Posted-In: Earnings