ABM's technical solutions, aviation and education segments reported y/y revenue growth in third-quarter fiscal 2024.
ABM Industries, Inc. (NYSE:ABM ) Q3 2024 Earnings Conference Call September 6, 2024 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President and Chief Executive Officer Earl Ellis - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Faiza Alwy - Deutsche Bank Jasper Bibb - Truist Securities Joshua Chan - UBS David Silver - CL King & Associates Tate Sullivan - Maxim Group Operator Greeting and welcome to the ABM Industries Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Here is how ABM Industries (ABM) and CRA International (CRAI) have performed compared to their sector so far this year.
While the top- and bottom-line numbers for ABM Industries (ABM) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
ABM Industries (ABM) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.79 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for ABM Industries (ABM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
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.
One of the noteworthy developments that came out of the tech stock selloff in July was where investors turned.
Here is how ABM Industries (ABM) and CRA International (CRAI) have performed compared to their sector so far this year.
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.
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.
Investors need to pay close attention to ABM Industries (ABM) stock based on the movements in the options market lately.