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The 2024 acquisition of Quality Uptime is expected to significantly boost ABM's mission-critical-related revenues.
The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.
ABM's top line in the first quarter of fiscal 2025 improves on the back of y/y growth in aviation, education and technical solutions segments.
Shares in facility solution provider ABM Industries (ABM -0.29%) fell by 13.9% in the week to Friday morning. The decline follows a disappointing fiscal first-quarter earnings report on Wednesday.
ABM Industries Incorporated (NYSE:ABM ) Q1 2025 Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President & Chief Executive Officer Earl Ellis - Executive Vice President & Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Josh Chan - UBS Faiza Alwy - Deutsche Bank Jasper Bibb - Truist Securities David Silver - CL King Justin Hauke - Robert W. Baird Tate Sullivan - Maxim Group Operator Greetings, and welcome to the ABM Industries Incorporated First Quarter 2025 Earnings Call.
ABM Industries (ABM) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.86 per share a year ago.
NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the first quarter of fiscal 2025.
ABM's resilient services and sustainability focus have driven strong earnings, boosted by key acquisitions and demand in essential sectors.
ABM Industries has strong growth potential driven by improvements in office occupancy, return-to-office trends, and secular tailwinds in semiconductor and data center markets. Positive margin outlook supported by productivity tools, ERP systems, and operating leverage as revenue growth recovers in B&I and M&D segments. Valuation is attractive, trading at a discount to historical averages, with a target price of ~$58 by year-end and a ~2% dividend yield.
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