ABM Indus ABM reported its Q3 earnings results on Friday, September 9, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
ABM Indus beat estimated earnings by 4.44%, reporting an EPS of $0.94 versus an estimate of $0.9.
Revenue was up $418.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 11.72% drop in the share price the next day.
Here's a look at ABM Indus's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.84 | 0.78 | 0.80 | 0.81 |
| EPS Actual | 0.89 | 0.94 | 0.85 | 0.90 |
| Revenue Estimate | 1.88B | 1.83B | 1.64B | 1.50B |
| Revenue Actual | 1.90B | 1.94B | 1.70B | 1.54B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
ABM Indus management provided guidance for FY 2022, expecting earnings between $3.6 and $3.7 per share.
To track all earnings releases for ABM Indus visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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