ABM Indus Earnings Preview
Portfolio Pulse from Benzinga Insights
ABM Industries (NYSE:ABM) is scheduled to release its quarterly earnings report on March 7, 2024, with an expected EPS of $0.71. Historical data shows mixed reactions to past earnings, with a notable 10.21% drop after last quarter's beat. Shares have declined 10.84% over the past year, indicating investor concern ahead of the announcement.
March 06, 2024 | 8:00 pm
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ABM Industries is expected to report an EPS of $0.71 for the upcoming quarter. Historical performance shows volatility in stock price post-earnings, with a significant drop after the last report despite beating estimates.
Given ABM Industries' history of stock price volatility post-earnings, even when beating estimates, the short-term impact is uncertain. The expected EPS of $0.71 and past performance suggest a neutral outlook, as investor reactions can vary based on guidance and actual results.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100