ABM Indus Q2 Adj $0.87 Beats $0.79 Estimate, Sales $2.02B Beat $2.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
ABM Industries (NYSE:ABM) reported Q2 earnings of $0.87 per share, beating the analyst estimate of $0.79. Sales were $2.02 billion, also surpassing the $2.00 billion estimate. Despite the beats, earnings per share decreased by 3.33% year-over-year.
June 06, 2024 | 11:01 am
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ABM Industries reported Q2 earnings of $0.87 per share, beating the analyst estimate of $0.79. Sales were $2.02 billion, also surpassing the $2.00 billion estimate. Despite the beats, earnings per share decreased by 3.33% year-over-year.
ABM Industries' Q2 earnings and sales both beat analyst estimates, which is generally positive for the stock. However, the year-over-year decrease in earnings per share may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100