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ABM Industries (ABM)
NYSE:ABM
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.79Last Year’s EPS
$0.86Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 18, 2024
|% Change Since: -8.32%
|Next Earnings Date:Mar 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in key segments and positive future outlook, but was tempered by a fourth-quarter net loss and challenges in the B&I segment. Despite these issues, ABM's strategic initiatives and financial positioning reflect optimism for 2025.Company Guidance
During the ABM Industries Q4 2024 earnings call, the company provided guidance for fiscal year 2025, projecting adjusted EPS to be in the range of $3.60 to $3.80, and anticipated an adjusted EBITDA margin between 6.3% and 6.5%. This guidance reflects expected revenue growth across several segments, including Technical Solutions with a backlog exceeding $500 million, and Aviation leveraging strong market conditions. The company also emphasized its commitment to capital allocation, highlighting a recent 18% dividend increase and $56 million in stock repurchases at an average price under $48 per share, signaling confidence in its long-term earnings trajectory. Additionally, ABM plans to capitalize on market opportunities in data centers and microgrids, with the U.S. microgrid market projected to grow significantly over the next decade.Strong Revenue Growth in Technical Solutions and Aviation
ABM reported double-digit revenue growth in the Technical Solutions and Aviation segments, with Technical Solutions growing 16% organically and Aviation growing by 12% in 2024. These segments significantly contributed to the overall revenue growth.
Introduction of Workforce Productivity Optimization Tool
ABM introduced a new workforce productivity optimization tool, which contributed to a reduction in labor as a percent of revenue by nearly 1% in the fourth quarter.
Increased Dividend and Share Repurchases
ABM's Board of Directors approved an 18% increase in the dividend, and the company repurchased $56 million of stock at an average price of under $48 per share.
Positive Outlook for 2025
ABM expects growth in revenue, adjusted EPS, and adjusted margin in 2025, with an adjusted EPS range of $3.60 to $3.80 and adjusted EBITDA margin between 6.3% and 6.5%.
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ABM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ABM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 18, 2024 | $54.91 | $50.32 | -8.36% |
| Sep 06, 2024 | $55.86 | $51.07 | -8.58% |
| Jun 06, 2024 | $47.34 | $47.97 | +1.33% |
| Mar 07, 2024 | $40.23 | $42.75 | +6.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ABM Industries (ABM) report earnings?
ABM Industries (ABM) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is ABM Industries (ABM) earnings time?
ABM Industries (ABM) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ABM EPS forecast?
ABM EPS forecast for the fiscal quarter 2025 (Q1) is $0.79.
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