ABM Industries (NYSE: ABM ) is expected to report Q1 earnings on March 4. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ABM Industries's revenues will increase 8.6% and EPS will compress 0.0%.
The average estimate for revenue is $1.17 billion. On the bottom line, the average EPS estimate is $0.22.
Last quarter, ABM Industries reported revenue of $1.09 billion. GAAP reported sales were 0.8% higher than the prior-year quarter's $1.08 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.50. GAAP EPS of $0.50 for Q4 were 47% higher than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 11.2%, 10 basis points worse than the prior-year quarter. Operating margin was 3.4%, 20 basis points worse than the prior-year quarter. Net margin was 2.5%, 80 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.70 billion. The average EPS estimate is $1.37.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ABM Industries is outperform, with an average price target of $25.00.
Can your portfolio provide you with enough income to last through retirement? You'll need more than ABM Industries. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.