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ABM Industries Inc (ABM)

ABM on New York Consolidated

43.95USD
21 Jul 2017
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$-0.02 (-0.05%)
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Latest Key Developments (Source: Significant Developments)

ABM Industries says ‍no change to dividend following deal with GCA Services - SEC filing​
Wednesday, 12 Jul 2017 07:59am EDT 

July 12 (Reuters) - ABM Industries Inc :ABM Industries Inc says ‍no change to dividend payment policy at this time as result of deal with gca services group - SEC filing​.  Full Article

ABM Industries near deal to buy GCA Services for $1.25 bln- WSJ, citing sources
Tuesday, 11 Jul 2017 10:49pm EDT 

July 11 (Reuters) - :ABM Industries near deal to buy GCA Services for $1.25 billion- WSJ, citing sources.  Full Article

ABM Industries, on July 6, U.S. Court granted final approval of class action settlement, release agreement with plaintiffs
Friday, 7 Jul 2017 05:24pm EDT 

July 7 (Reuters) - ABM Industries Inc ::ABM Industries-on July 6, u.s. Court granted final approval of class action settlement, release agreement with plaintiffs Jennifer Augustus, among others.ABM Industries inc says settlement agreement provides for settlement of augustus case on a class-wide basis for $110.0 million - sec filing.ABM Industries inc - expect to fund payments from operating cash flows and from co's available line of credit.ABM Industries - co will fund first payment of $55.0 million of settlement by july 20, 2017 and fund remaining $55.0 million and payroll tax amount by sept. 1.Other plaintiffs include Delores Hall, Emanuel Davis, and Carlton Anthony Waite.  Full Article

ABM Industries Q2 adj EPS $0.49 from continuing operations
Wednesday, 7 Jun 2017 04:30pm EDT 

June 7 (Reuters) - ABM Industries Inc ::ABM Industries announces results for second quarter fiscal 2017.Sees FY 2017 adjusted earnings per share $1.85 to $1.95 from continuing operations excluding items.Q2 adjusted earnings per share $0.49 from continuing operations.Q2 gaap earnings per share $0.56 from continuing operations.Q2 earnings per share $0.55.Q2 revenue $1.3 billion versus I/B/E/S view $1.31 billion.Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.ABM Industries Inc - now expects gaap income from continuing operations of $1.63 to $1.73 per diluted share for 2017.Fy2017 earnings per share view $1.91 -- Thomson Reuters I/B/E/S.  Full Article

ABM Industries Q1 loss per share $1.00
Tuesday, 7 Mar 2017 04:15pm EST 

ABM Industries Inc : ABM Industries Inc says ended quarter with total debt, including standby letters of credit, of $443.9 million . ABM Industries Inc - continues to expect 2017 gaap income from continuing operations of $1.40 to $1.50 per diluted share . ABM Industries announces results for first quarter fiscal 2017 . ABM Industries Inc- sees adjusted income from continuing operations of $1.80 to $1.90 per diluted share for 2017 fiscal year . Q1 gaap earnings per share $0.28 from continuing operations . Q1 loss per share $1.00 . Q1 revenue $1.3 billion versus I/B/E/S view $1.31 billion . ABM Industries Inc says does not anticipate a long term impact to its overall liquidity as a result of pending settlement agreement . Q1 earnings per share view $0.31 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted earnings per share $1.80 to $1.90 from continuing operations . ABM Industries Inc says continues to expect gaap income from continuing operations of $1.40 to $1.50 per diluted share for 2017 .Fy2017 earnings per share view $1.86, revenue view $5.31 billion -- Thomson Reuters I/B/E/S.  Full Article

ABM Industries enters into agreement to settle class action lawsuit
Tuesday, 7 Feb 2017 08:00am EST 

ABM Industries Inc - : ABM Industries enters into agreement to settle class action lawsuit . To settle claims in class action lawsuit augustus et. al. v. ABM Security Services, Inc on a class-wide basis for $110 million (pre-tax) . Entered settlement term sheet relating to Karapetyan V; ABM Industries Inc and ABM Security Services, to settle case on class-wide basis for $5 million . Settlement does not constitute an admission of liability, culpability, negligence, or wrongdoing on part of ABM . Continue to be on track with long term objectives .Currently evaluating settlement's financial impact.  Full Article

ABM Industries says California Supreme Court rendered decision in the Augustus case-SEC filing
Friday, 23 Dec 2016 12:15pm EST 

ABM Industries Inc - : On Dec. 22, 2016, California Supreme Court rendered decision in consolidated cases of Augustus, Hall and Davis v. American Commercial Security Services . ABM is considering filing a petition for rehearing with California Supreme Court, which would be due on January 6, 2017 . Has not taken a reserve for Augustus case and is currently assessing any change in light of decision of California Supreme Court .California Supreme Court held on-call,on-duty rest breaks prohibited by California law,reversed court of appeal s judgment on issue.  Full Article

ABM Industries Q4 adjusted EPS $0.51 from continuing operations
Tuesday, 13 Dec 2016 04:15pm EST 

Abm Industries Inc : ABM Industries announces 2016 fourth quarter and full year financial results . ABM Industries Inc - increases quarterly dividend by 3.0 pct . Sets quarterly cash dividend of $0.17per share . Fy2017 earnings per share view $1.86 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.51 from continuing operations . Q4 gaap earnings per share $0.16 from continuing operations . Q4 earnings per share $0.14 . Q4 revenue $1.3 billion versus I/B/E/S view $1.33 billion . Sees FY 2017 adjusted earnings per share $1.80 to $1.90 from continuing operations . Sees FY 2017 gaap earnings per share $1.40 to $1.50 from continuing operations .Q4 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.  Full Article

ABM Industries sees 2016 capex of about $40-$50 mln
Wednesday, 8 Jun 2016 05:23pm EDT 

ABM Industries Inc :ABM Industries Inc sees FY 2016 capex of about $40 million - $50 million - SEC filing.  Full Article

ABM Industries posts Q2 adj. earnings $0.31/shr from continuing operations
Wednesday, 8 Jun 2016 04:15pm EDT 

Abm Industries Inc : ABM industries announces results for second quarter fiscal 2016 . Q2 adjusted earnings per share $0.31 from continuing operations . Q2 GAAP earnings per share $0.12 from continuing operations . Q2 earnings per share $0.08 . Q2 revenue $1.3 billion versus I/B/E/S view $1.25 billion . Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $1.56 -- Thomson Reuters I/B/E/S . Full year guidance outlook increased . Sees FY 2016 adjusted earnings per share $1.55 to $1.65 from continuing operations .Sees FY 2016 GAAP earnings per share $1.07 to $1.17 from continuing operations.  Full Article

Janitorial services provider ABM to buy rival for $1.25 billion

Janitorial services provider ABM Industries Inc said it would buy privately held rival GCA Services Group for about $1.25 billion, more than tripling revenue at its high-margin business that provides services to schools and colleges.