ABM Industries (NYSE:ABM) is set to release its earnings data after the market closes on Wednesday, December 13th. Analysts expect ABM Industries to post earnings of $0.49 per share for the quarter.

ABM Industries (NYSE:ABM) last posted its earnings results on Wednesday, September 6th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.03). The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. ABM Industries had a return on equity of 11.37% and a net margin of 0.29%. The company’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. On average, analysts expect ABM Industries to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of ABM Industries (NYSE:ABM) opened at $42.99 on Wednesday. The stock has a market capitalization of $2,778.70, a price-to-earnings ratio of 22.57 and a beta of 0.80. ABM Industries has a 12-month low of $37.12 and a 12-month high of $45.12. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.27.

In related news, insider Scott J. Giacobbe sold 11,094 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $39.92, for a total value of $442,872.48. Following the sale, the insider now owns 59,152 shares in the company, valued at $2,361,347.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Dean A. Chin sold 880 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $42.90, for a total value of $37,752.00. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Several research firms have issued reports on ABM. Zacks Investment Research downgraded ABM Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. BidaskClub downgraded ABM Industries from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 11th. Robert W. Baird set a $47.00 target price on ABM Industries and gave the stock a “buy” rating in a research report on Thursday, August 24th. Finally, KeyCorp upgraded ABM Industries from a “sector weight” rating to an “overweight” rating and set a $48.00 target price on the stock in a research report on Monday, September 11th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $48.20.

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ABM Industries Company Profile

ABM Industries Incorporated is a provider of integrated facility solutions. The Company operates through five segments: Janitorial, Facility Services, Parking, Building & Energy Solutions, and other. Its Janitorial segment provides a range of cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities and transportation hubs.

Earnings History for ABM Industries (NYSE:ABM)

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