ABM Indus Q2 EPS $0.90 Beats $0.86 Estimate, Sales $1.98B Miss $2.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
ABM Industries reported Q2 earnings of $0.90 per share, beating the $0.86 estimate by 4.65%, and a 1.12% YoY increase. However, sales of $1.98B missed the $2.00B estimate by 0.80%, but increased 4.53% YoY.
June 06, 2023 | 11:01 am
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ABM Industries beats Q2 earnings estimates but misses on sales, with a 1.12% YoY increase in earnings and a 4.53% YoY increase in sales.
ABM Industries beat earnings estimates by 4.65% but missed sales estimates by 0.80%. The mixed results may lead to a neutral short-term impact on the stock price, as the positive earnings beat is offset by the sales miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100