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Stock impact report

ABM Industries Benefits From ELEVATE Plan and High Liquidity [Yahoo! Finance]

ABM Industries Incorporated (ABM) 
Last abm industries incorporated earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.abm.com/investor-relations
Company Research Source: Yahoo! Finance
Image Source: Zacks Investment Research ABM Industries reported impressive third-quarter fiscal 2024 results. The company's EPS (excluding 86 cents from non-recurring items) was 94 cents, which outpaced the Zacks Consensus Estimate by 10.6% and gained 19% year over year. Total revenues of $2.1 billion surpassed the consensus mark by 2.7% and increased 3.3% from the year-ago quarter's reported number. ELEVATE, which is ABM's multi-year comprehensive strategic plan, a follow-on of the 2020 Vision launched in 2021, aims at providing clients with offerings that improve transparency and efficiencies, develop capabilities of its talent management system, expand data usage and modernize the digital ecosystem. This plan is anticipated to propel the company's organic growth, better its strategic and comprehensive positioning and enhance profitability. The 2022 RavenVolt buyout is a part of the ELEVATE strategy that targets expanding the company's presence in new markets through strategi Show less Read more
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