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ABM Industries Inc (ABM)

ABM on New York Consolidated

43.30USD
22 Mar 2017
Change (% chg)

$-0.14 (-0.32%)
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Latest Key Developments (Source: Significant Developments)

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

ABM announces acquisition of Westway Services Holdings
Wednesday, 9 Dec 2015 07:45am EST 

ABM:Signs a definitive agreement acquiring Westway Services Holdings (2014) Ltd., in an all cash deal.Terms of the transaction were not disclosed.  Full Article

ABM Industries Inc gives FY 2016 EPS guidance
Tuesday, 8 Dec 2015 05:20pm EST 

ABM Industries Inc:Says for FY 2016, the Company expects adjusted income from continuing operations of $1.30 to $1.40 per diluted share and income from continuing operations of $0.82 to $0.92 per diluted share.  Full Article

ABM Completes Sale of Its Security Business for $131 Million
Monday, 26 Oct 2015 05:00pm EDT 

ABM:Says that it has sold its Security Business to Universal Protection Service, a division of Universal Services of America, for pre-tax proceeds of $131 million.Wells Fargo Securities and Jones Day acted as financial and legal advisors, respectively, to ABM on this transaction.  Full Article

ABM Industries Inc declares quarterly cash dividend
Thursday, 3 Sep 2015 02:00am EDT 

ABM Industries Inc:Has declared a fourth quarter cash dividend of $0.160 per common share payable on Nov. 3, to stockholders of record on Oct. 1.  Full Article

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BRIEF-ABM Industries Q1 loss per share $1.00

* ABM Industries Inc says ended quarter with total debt, including standby letters of credit, of $443.9 million