Deutsche Bank Downgrades ABM Industries (ABM) to Hold, 'Limited visibility'

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ABM Reports Third Quarter Fiscal 2023 Results

September 7, 2023 6:59 AM EDT

Grew revenue 3.4% to $2.0 billion, including 2.5% organic growthNet income of $98.1 million and GAAP EPS of $1.47, compared to $56.8 million and $0.85 in the prior year, respectivelyAdjusted EBITDA of $125.3 million, essentially flat with the prior yearAdjusted EPS of $0.79, versus $0.94 in the prior yearProvides updated outlook

NEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today... More