ABM Industries shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
ABM Industries shares rose following the release of Q3 financial results that exceeded expectations. The company also increased its FY24 adjusted EPS guidance above estimates.
September 06, 2024 | 12:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
ABM Industries' stock price increased due to better-than-expected Q3 financial results and an upward revision of FY24 adjusted EPS guidance.
The positive Q3 results and increased FY24 EPS guidance are likely to boost investor confidence, leading to a rise in ABM's stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100