ABM Industries Incorporated ABM will release earnings results for its fourth quarter, before the opening bell on Wednesday, Dec. 18.
Analysts expect the New York-based company to report quarterly earnings at 87 cents per share, down from $1.01 per share in the year-ago period. ABM Industries projects to report revenue of $2.08 billion for the recent quarter, compared to $2.09 billion a year earlier, according to data from Benzinga Pro.
On Dec. 5, ABM raised its quarterly dividend from 22.5 cents to 26.5 cents per share.
ABM shares gained 1.1% to close at $56.76 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- UBS analyst Joshua Chan maintained a Neutral rating and raised the price target from $51 to $55 on Sept. 9. This analyst has an accuracy rate of 71%.
- Truist Securities analyst Jasper Bibb maintained a Hold rating and increased the price target from $49 to $55 on Sept. 9. This analyst has an accuracy rate of 77%.
- Baird analyst Andrew Wittmann maintained a Neutral rating and increased the price target from $49 to $56 on Sept. 9. This analyst has an accuracy rate of 81%.
Considering buying ABM stock? Here’s what analysts think:
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