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.

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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.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is ABM Industries (ABM) Stock Undervalued Right Now?

New data-enabled, driver-first mobility solution by ABM, one of the nation's largest parking service providers, accelerates industry innovation with a fully integrated, tech-forward offering that propels profitability for parking operators New data-enabled, driver-first mobility solution by ABM, one of the nation's largest parking service providers, accelerates industry innovation with a fully integrated, tech-forward offering that propels profitability for parking operators

ABM Redefines Parking Infrastructure and Driver Experience with Debut of ABMVantage Integrated Mobility Solution

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One of the nation's largest parking services providers, ABM is set to showcase innovative “driver first” smart parking and EV solutions for greater efficiency, new revenue streams and overall better parking experience

ABM “Revving Up” for the 2022 IPMI Parking & Mobility Conference & Expo

NEW YORK, July 14, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced the initiation of an Energy Performance Contracting program for Fredericksburg City Public Schools (FCPS), located in Fredericksburg, Virginia. ABM's custom solution creates $3.1 million in projected energy and operating cost savings over a fifteen-year period, empowering FCPS leadership's equitable modernization of facilities district-wide, and improving indoor air quality and lighting for students and teachers, while supporting the City of Fredericksburg's resolution to power 100% of municipal operations with renewable energy by 2035.

ABM Creates Projected Savings of $3.1 Million for Fredericksburg City Public Schools to Support Community's Energy Resolution

NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) a leading provider of facility solutions announced today that the Company has been named to Selling Power's 2022 ‘50 Best Companies to Sell For' list. This list highlights 50 companies that are leading the charge in true selling power while navigating today's complex selling environment.

ABM Named One of ‘50 Best Companies to Sell for' in 2022

The mean of analysts' price targets for ABM Industries (ABM) points to a 32.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe ABM Industries (ABM) Could Rally 32%: Here's is How to Trade

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

Why Is ABM Industries (ABM) Down 0.3% Since Last Earnings Report?

Is ABM Industries (ABM) a Great Value Stock Right Now?

ELEVATE is expected to significantly accelerate ABM Industries' (ABM) organic growth, improve its strategic and comprehensive positioning, and reinforce profitability.

Why a Hold Strategy is Apt for ABM Industries (ABM) Stock Now

NEW YORK, June 27, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced the initiation of an Energy Performance Contracting program for Greene County, Pennsylvania. Creating $2.9 million in projected energy and operating cost savings over a twenty-year period, ABM's custom solution empowers Greene County to improve indoor air quality for county employees and community members across multiple facilities.

ABM Helps Greene County, Pennsylvania, Improve Indoor Air Quality and Save a Projected $2.9 Million

ABM Industries (NYSE: ABM) is a ho-hum name among stocks but one of the cleanest plays for these dirty economic times. The company provides a variety of facility solutions that include janitorial, electrical, custodial, and groundskeeping among others, services that should remain in high demand despite the economic uncertainty.

ABM Industries, A Clean Play For Dirty Economic Times

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ABM Industries (ABM) have what it takes?

This is Why ABM Industries (ABM) is a Great Dividend Stock

ABM Industries' (ABM) second-quarter fiscal 2022 earnings and revenues improved year over year.

ABM Industries (ABM) Q2 Earnings Beat, Revenues Lag, Up Y/Y

ABM Industries Incorporated (NYSE: ABM) shares are trading lower after the company reported second-quarter earnings results. ABM Industries reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.84 and sales results of $1.90 billion which beat the.

Why ABM Industries Shares Are Trading Lower

ABM Industries Incorporated (NYSE:ABM ) Q2 2022 Results Conference Call June 8, 2022 5:00 PM ET Company Participants Paul Goldberg - Investor and Media Relations Scott Salmirs - President and CEO Earl Ellis - EVP and CFO Conference Call Participants Faiza Alwy - Deutsche Bank Sean Eastman - KeyBanc David Silver - CL King Marc Riddick - Sidoti Operator Greetings, and welcome to the ABM Industries, Inc. Q2 2022 Earnings Call. At this time, all participants are in a listen-only mode.

ABM Industries Incorporated (ABM) CEO Scott Salmirs on Q2 2022 Results - Earnings Call Transcript

ABM Industries (ABM) delivered earnings and revenue surprises of 5.95% and 1.01%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

ABM Industries (ABM) Q2 Earnings Beat Estimates

NEW YORK, June 08, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2022.

ABM Reports Second Quarter Fiscal 2022 Results and Reaffirms Full Year Guidance for Adjusted EPS

Strategic acquisitions and investor-friendly steps boost ABM Industries (ABM).

Here's Why Investors Should Buy ABM Industries (ABM) Now

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ABM Industries' (ABM) second-quarter fiscal 2022 earnings and revenues are likely to have improved year over year.

What's in the Cards for ABM Industries (ABM) in Q2 Earnings?

ABM Industries (ABM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ABM Industries (ABM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Program's Initial Investment in Recycle Track Systems Reflects ABM's Commitment to Sustainable Innovation Program's Initial Investment in Recycle Track Systems Reflects ABM's Commitment to Sustainable Innovation

ABM Launches Business Ventures Program

Conference Call to be Held on June 8, 2022, at 5:00 PM (ET) Conference Call to be Held on June 8, 2022, at 5:00 PM (ET)

ABM to Announce Second Quarter 2022 Financial Results

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