ABM Reports Second Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

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Truist Securities Reiterates Hold Rating on ABM Industries (ABM)

June 6, 2024 8:50 AM EDT

Truist Securities analyst Jasper Bibb reiterated a Hold rating and $45.00 price target on ABM Industries (NYSE: ABM).

The analyst comments "ABM reported upside F2Q results led by lighter than expected declines in the CRE-sensitive Business & Industry segment and raised FY24... More

ABM Industries (ABM) Tops Q2 EPS by 8c

June 6, 2024 7:00 AM EDT

ABM Industries (NYSE: ABM) reported Q2 EPS of $0.87, $0.08 better than the analyst estimate of $0.79. Revenue for the quarter came in at $2 billion versus the consensus estimate of $2 billion.

GUIDANCE:

ABM Industries sees FY2024 EPS of $3.40-$3.50, versus the consensus of... More