ABM Indus (NYSE:ABM) reported its Q3 earnings results on Friday, September 9, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

ABM Indus beat estimated earnings by 4.44%, reporting an EPS of $0.94 versus an estimate of $0.9.

Revenue was up $418.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 11.72% drop in the share price the next day.

Here's a look at ABM Indus's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

ABM Indus management provided guidance for FY 2022, expecting earnings between $3.6 and $3.7 per share.

To track all earnings releases for ABM Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.