ABM Industries

ABM Industries, Inc. engages in the provision of facility, infrastructure, and mobility solutions. It operates through the following segments: Business and Industry, Manufacturing and Distribution, Education, Aviation, and Technical Solutions. The Business and Industry segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and traditional hospitals and non-acute healthcare facilities. It also provides vehicle maintenance services to rental car providers. The Manufacturing and Distribution segment provides integrated facility services, engineering, janitorial, and other specialized services in different types of manufacturing, distribution, and data center facilities. The Education segment delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services for public school districts, private schools, colleges, and universities. The Aviation segment supports airlines and airports with parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technical Solutions segment specializes in facility infrastructure, mechanical, and electrical services. The company was founded by Morris Rosenberg in 1909 and is headquartered in New York, NY.

Earnings data Q2 2021

Earnings data Q3 2021

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ABM Industries reports solid Q1 results amidst challenges and opportunities

ABM Industries demonstrated resilience and growth in Q1 2023, leveraging strengths in diverse demand environments and strategic initiatives like ELEVATE.
While facing challenges like labor shortages and supply chain issues, the company is actively managing risks and pursuing opportunities for expansion and margin improvement.
With a positive financial outlook, recognition for ESG efforts, and a focus on innovation and growth, ABM Industries remains well-positioned for future success and market leadership.

ABM Industries reports strong Q2 performance amidst growth opportunities

ABM Industries delivered a solid performance in Q2 2023, showcasing revenue growth and operational efficiency improvements.
While facing challenges such as office occupancy rates and supply chain issues, the company is well-positioned to capitalize on growth opportunities.
Strategic initiatives like the electrification center and focus on diversity and inclusion underscore ABM's commitment to innovation and sustainability.
With a stable portfolio and effective cost management, ABM is poised for continued growth and resilience in the evolving market landscape.

ABM Industries reports revenue growth but faces challenges in segments

ABM Industries' Q3 performance showed growth in key segments but faced challenges in certain areas. The company remains focused on cost management, new business wins, and enhancing shareholder returns amidst market pressures.

ABM Industries reports strong Q4 revenue growth and navigates challenges

ABM Industries delivered solid revenue growth in Q4 2023, set sales records, and outlined a promising outlook for 2024, focusing on efficiency enhancements and market diversification.
Despite challenges from commercial real estate softness and operational hurdles, ABM's strategic initiatives, workforce tools, and cost structure adjustments position it well for future growth and resilience.
With a commitment to capital allocation strategies, organic growth, and navigating market dynamics, ABM Industries aims to leverage growth opportunities in key sectors and drive shareholder value.

ABM Industries reports robust Q1 performance and eyes future growth

ABM Industries' Q1 2024 performance reflects strong revenue growth and operational stability across segments.
The company's focus on technology-driven solutions and pricing discipline positions it well for future growth.
Challenges in margin variability and EV business growth require strategic adjustments for sustained performance.
Opportunities lie in leveraging market demand, operational efficiencies, and long-term growth prospects in the EV market.

ABM Industries raises full-year guidance after strong Q2 performance

ABM Industries delivered strong Q2 results, raising full-year guidance and showcasing resilience in a challenging market. The company's strategic alignment with key trends, record new business wins, and focus on margin-enhancing investments highlight growth potential. While challenges in certain segments may impact cash flow, ABM remains confident in its ability to navigate market dynamics and capitalize on opportunities.

ABM Industries reports robust Q3 performance and raises full-year guidance

ABM Industries delivered a strong performance in Q3 2024, driven by growth in key segments and strategic acquisitions.
The company raised its full-year guidance, maintained a stable financial position, and expects strong cash flow generation.
While facing challenges in sustaining growth and managing debt, ABM sees opportunities in margin improvements and new business development.

ABM Industries reports strong Q4 performance and outlines growth strategies for 2025

ABM Industries delivered strong performance in Q4 2024, with notable revenue growth in key segments and strategic investments in AI to drive operational efficiency.
While facing challenges such as a net loss and slight decline in M&D, the company's focus on productivity tools and capital allocation decisions position it for future growth.
Opportunities lie in the outlook for 2025, with growth expectations across various segments, AI-driven operational enhancements, and strategic capital allocation priorities.
Overall, ABM Industries' proactive approach to managing costs, driving innovation, and pursuing growth opportunities sets a positive trajectory for the company's future performance.

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ABM Industries (ABM) reported earnings 30 days ago. What's next for the stock?

ABM Industries (ABM) Up 3.9% Since Last Earnings Report: Can It Continue?

NEW YORK, Jan. 05, 2023 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced the initiation of an Energy Performance Contracting program for Dooly County School System in Georgia. Creating $3.7 million in projected energy and operating cost savings over a twenty-year period, ABM's custom solution addresses capital and operational upgrades through ABM's unique ability to deliver both energy-saving infrastructure solutions and ongoing services such as custodial and maintenance.

ABM Delivers School Infrastructure Solution and Energy Savings with Facility Services for Dooly County Schools

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For the traditional office or factory worker, not much thought is given to the behind-the-scenes work being done to maintain facility cleanliness, maintenance, lawn care or parking. Workers show up for a work day to a clean place with working air conditioning and fast internet.

ABM Industries: A Clean Recovery From Covid Issues

ABM Industries (ABM) fourth-quarter fiscal 2022 earnings and revenues surge year over year.

ABM Industries (ABM) Q4 Earnings Meet Estimates, Up Y/Y

ABM Industries Incorporated (NYSE:ABM ) Q4 2022 Earnings Conference Call December 13, 2022 5:00 PM 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 Andy Wittmann - Baird Faiza Alwy - Deutsche Bank Sean Eastman - KeyBanc Capital Markets Marc Riddick - Sidoti Operator Greetings and welcome to the ABM Industries Inc. Fourth Quarter 2022 Earnings Call. At this time all participants are in a listen-only mode.

ABM Industries Incorporated (ABM) Q4 2022 Earnings Call Transcript

ABM Industries (ABM) delivered earnings and revenue surprises of 0% and 1.59%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

ABM Industries (ABM) Matches Q4 Earnings Estimates

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Shares of ABM Industries Inc. ABM, -0.13% fell 3% after hours on Tuesday after the janitorial-services firm forecast full-year profit that was below Wall Street's expectations and said it would "continue to face labor-related pressures in the near-term." ABM executives said they expected fiscal 2023 adjusted earnings per share of between $3.40 and $3.60, compared with FactSet forecasts for $3.66.

ABM Industries stock falls after disappointing forecast

NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the fourth quarter and full year ended October 31, 2022.

ABM Reports Fourth Quarter and Full Year Fiscal 2022 Results and Provides Full Year Fiscal 2023 Outlook

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ABM Increases Dividend 12.8%

Strategic acquisitions as well as pro-investor steps boost ABM Industries (ABM).

Here's Why You Should Hold ABM Industries (ABM) Stock Now

ABM Industries has done really well as of late, with shares rising in response to robust sales, profits, and cash flows. Though, due in large part to acquisition activities, the company is still growing organically.

ABM Industries: Strong Performance Deserves Additional Upside

ABM has strong fundamentals and an attractive valuation. It's set to benefit from e-commerce growth and its technical solutions segment.

ABM Industries: Undervalued Dividend King With Big Upside Potential

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced that its President and Chief Executive Officer, Scott Salmirs, and its Executive Vice President and Chief Financial Officer, Earl Ellis, will speak at the RW Baird Global Industrial Conference in Chicago, IL, on Tuesday, November 8, 2022, at 11:50 AM ET (10:50 CT).

ABM's Chief Executive Officer and Chief Financial Officer to Speak at RW Baird Global Industrial Conference

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News for ABM Industries Stock (ABM)