ABM Industries Incorporated Stock News

Mainspring's Linear Generator technology expands ABM's growing portfolio of turnkey commercial fleet EV Charging and Power Resiliency infrastructure solutions Mainspring's Linear Generator technology expands ABM's growing portfolio of turnkey commercial fleet EV Charging and Power Resiliency infrastructure solutions

EVP General Counsel Andrea Newborn retiring; to be succeeded by current SVP and Deputy General Counsel Miranda Tolar EVP General Counsel Andrea Newborn retiring; to be succeeded by current SVP and Deputy General Counsel Miranda Tolar

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ABM Industries is a $3.2 billion leader in integrated facility-related services, specializing in diverse sectors like healthcare, microgrids, data centers, air cabin maintenance, and other end markets. ABM Industries Inc. boasts strong cash flow, a resilient business model, and efficient resource utilization, trading at a relative discount compared to peers. Strategic acquisitions, like RavenVo...

The recent 10% share price drop following Q3 earnings presents a potential buying opportunity due to solid fundamentals and nonrecurring headwinds. Net income dropped 95% YoY, mainly due to a $73.2M adjustment related to the RavenVolt acquisition and the absence of a $22.4M employee retention credit. Despite insider selling, I remain positive about ABM's fundamentals, with positive free cash fl...

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that Melanie Ruiz and David Bingenheimer were appointed as directors of UGI Corporation, effective November 1, 2024. Ms. Ruiz serves as Chief Information and Technology Officer for ABM Industries (NYSE: ABM), a position she has held since joining ABM in 2020. ABM is one of the world's largest providers of integrated...

ABM Industries, Inc. (NYSE:ABM ) Q3 2024 Earnings Conference Call September 6, 2024 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President and Chief Executive Officer Earl Ellis - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Faiza Alwy - Deutsche Bank Jasper Bibb - Tru...

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2024.