ABM Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga03-11

ABM Industries Incorporated (NYSE:ABM) will release its first-quarter financial results before the opening bell on Wednesday, March 12.

Analysts expect the New York-based company to report quarterly earnings at 78 cents per share, down from 86 cents per share in the year-ago period. ABM projects quarterly revenue of $2.09 billion, compared to $2.07 billion a year earlier, according to data from Benzinga Pro.

On Dec. 18, 2024, the company said sales grew 4.0% year over year to $2.18 billion, beating the consensus of $2.079 billion.

ABM shares fell 6.2% to close at $51.25 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

UBS analyst Joshua Chan maintained a Neutral rating and raised the price target from $55 to $56 on Dec. 19, 2024. This analyst has an accuracy rate of 61%.
Truist Securities analyst Jasper Bibb maintained a Hold rating and increased the price target from $49 to $55 on Sept. 9, 2024. This analyst has an accuracy rate of 60%.
Baird analyst Andrew Wittmann maintained a Neutral rating and boosted the price target from $49 to $56 on Sept. 9, 2024. This analyst has an accuracy rate of 73%.

Considering buying ABM stock? Here’s what analysts think:

Read This Next:

Top 3 Financial Stocks That May Fall Off A Cliff In March

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ABM projects quarterly revenue of $2.09 billion, compared to $2.07 billion a year earlier, according to data from Benzinga Pro.</p>\n<p>On Dec. 18, 2024, the company said sales grew 4.0% year over year to $2.18 billion, beating the consensus of $2.079 billion.</p>\n<p>ABM shares fell 6.2% to close at $51.25 on Monday.</p>\n<p>Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.</p>\n<p>Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.</p>\n<ul>\n<li>UBS analyst Joshua Chan maintained a Neutral rating and raised the price target from $55 to $56 on Dec. 19, 2024. This analyst has an accuracy rate of 61%.</li>\n<li>Truist Securities analyst Jasper Bibb maintained a Hold rating and increased the price target from $49 to $55 on Sept. 9, 2024. This analyst has an accuracy rate of 60%.</li>\n<li>Baird analyst Andrew Wittmann maintained a Neutral rating and boosted the price target from $49 to $56 on Sept. 9, 2024. This analyst has an accuracy rate of 73%.</li>\n</ul>\n<p>Considering buying ABM stock? 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ABM projects quarterly revenue of $2.09 billion, compared to $2.07 billion a year earlier, according to data from Benzinga Pro.</p>\n<p>On Dec. 18, 2024, the company said sales grew 4.0% year over year to $2.18 billion, beating the consensus of $2.079 billion.</p>\n<p>ABM shares fell 6.2% to close at $51.25 on Monday.</p>\n<p>Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.</p>\n<p>Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.</p>\n<ul>\n<li>UBS analyst Joshua Chan maintained a Neutral rating and raised the price target from $55 to $56 on Dec. 19, 2024. This analyst has an accuracy rate of 61%.</li>\n<li>Truist Securities analyst Jasper Bibb maintained a Hold rating and increased the price target from $49 to $55 on Sept. 9, 2024. This analyst has an accuracy rate of 60%.</li>\n<li>Baird analyst Andrew Wittmann maintained a Neutral rating and boosted the price target from $49 to $56 on Sept. 9, 2024. This analyst has an accuracy rate of 73%.</li>\n</ul>\n<p>Considering buying ABM stock? Here’s what analysts think: </p>\n<figure><img decoding=\"async\" height=\"608\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11063209/image-58-1024x608.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11063209/image-58-1024x608.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11063209/image-58-300x178.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11063209/image-58-768x456.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11063209/image-58.png 1112w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Top 3 Financial Stocks That May Fall Off A Cliff In March</strong></li>\n</ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/analyst-ratings/price-target/25/03/44249003/abm-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call-3","article_id":"2518374747","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518374747","pubTimestamp":1741702441,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"ABM盈利迫在眉睫；这些最准确的分析师在收益看涨期权之前修改了预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABM":1},"content_text":"ABM Industries Incorporated (NYSE:ABM) will release its first-quarter financial results before the opening bell on Wednesday, March 12.\nAnalysts expect the New York-based company to report quarterly earnings at 78 cents per share, down from 86 cents per share in the year-ago period. ABM projects quarterly revenue of $2.09 billion, compared to $2.07 billion a year earlier, according to data from Benzinga Pro.\nOn Dec. 18, 2024, the company said sales grew 4.0% year over year to $2.18 billion, beating the consensus of $2.079 billion.\nABM shares fell 6.2% to close at $51.25 on Monday.\nBenzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.\nLet's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.\n\nUBS analyst Joshua Chan maintained a Neutral rating and raised the price target from $55 to $56 on Dec. 19, 2024. This analyst has an accuracy rate of 61%.\nTruist Securities analyst Jasper Bibb maintained a Hold rating and increased the price target from $49 to $55 on Sept. 9, 2024. This analyst has an accuracy rate of 60%.\nBaird analyst Andrew Wittmann maintained a Neutral rating and boosted the price target from $49 to $56 on Sept. 9, 2024. This analyst has an accuracy rate of 73%.\n\nConsidering buying ABM stock? Here’s what analysts think: \n\nRead This Next: \n\nTop 3 Financial Stocks That May Fall Off A Cliff In March","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2518374747"}