ABM Industries Incorporated (NYSE:ABM) is set to announce second quarter earning results on Wednesday 17th June 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, ABM to report 2Q20 income of $ 0.29 per share.
For the full year, analysts anticipate top line of $ 6167.04 million, while looking forward to income of $ 1.55 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.90 ~ $ 2.10 per share
Historical Earnings Performance
The pervious quarter 1Q20 results beat wall street view, the report interpreted income of $ 0.39 per share from the top line of $ 1,612.90 million, analysts anticipated $ 0.29 per share
In the same quarter last year, the 2Q19 results rose above market expectation, the report represented earnings of $ 0.47 per share from the revenues of $ 1,594.70 million, analysts expected $ 0.41 per share
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Stock Performance
According to the previous trading day, closing price of ABM was $ 34.12, representing a 72.41 % increase from the 52 week low of $ 19.79 and a 20.04 % decrease over the 52 week high of $ 42.67.
The company has a market capital of $ 2.27 billion and is part of the Services sector and Business Services industry.
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Recent Analyst recommendations
On 27th May 2020, downgraded by Sidoti to Neutral from Buy rating.
On 18th May 2020, maintained by Robert W. Baird at Neutral rating, with $ 23.00 target price.
