ABM Industries shares are trading higher after the company reported better-than-expected Q1 results and raised its FY24 EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
ABM Industries shares surged following the announcement of better-than-expected Q1 results and an upward revision of its FY24 EPS guidance.
March 07, 2024 | 4:06 pm
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ABM Industries reported better-than-expected Q1 results and increased its FY24 EPS guidance, leading to a surge in its stock price.
The positive earnings report and raised guidance indicate strong financial health and future growth prospects for ABM Industries, which typically leads to increased investor confidence and a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100