ABM Stock Recent News

Amid sustained EV industry growth, ABM's turnkey eMobility solutions for fleet electrification to be showcased at ACT Expo May 20 to 23 Amid sustained EV industry growth, ABM's turnkey eMobility solutions for fleet electrification to be showcased at ACT Expo May 20 to 23

ABM Industries is executing well despite challenges in the commercial office market. The company's revenues grew by 3.9% Y/Y, driven by net new business and expansion in various segments, including Aviation and Technical Solutions. Margins were impacted by higher investments and an unfavorable project mix, but the company's margin outlook is positive, with expected improvements in the coming years.

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, has been recognized as one of the 2024 Best Places to Work in Healthcare by Modern Healthcare. This is the seventh time ABM has been named to the list, which recognizes outstanding employers in the healthcare industry nationwide.

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.

ABM Industries' (ABM) ELEVATE and RavenVolt's acquisition, coupled with liquidity measures, are driving revenues despite the looming labor risks.

American States Water Coca-Cola, and ABM Industries are three recommended Dividend Kings for long-term investment. American States Water has a regulated business with no competition, a long streak of dividend increases, and an undervalued stock price. Coca-Cola is the largest non-alcoholic beverage company, with a long history of dividend growth, solid dividend safety, and an undervalued stock price.

ABM Industries (ABM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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.

ABM Industries' (ABM) top line benefits from a strong segmental performance in the first quarter of fiscal 2024.

The headline numbers for ABM Industries (ABM) give insight into how the company performed in the quarter ended January 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.