ABM declares strong 3rd quarter fiscal earnings | ABM Message Board Posts


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Msg  6 of 10  at  9/4/2013 9:23:35 AM  by

PinewoodsBear


ABM declares strong 3rd quarter fiscal earnings

Earnings come in higher than estimates and compares favorably with last year's figures.
Current report ---16.1 m. earnings and 29 cents per share vs last year's 12.6m and 23 cents a share.
Top revenue growth higher than estimates also = 12.8%
'
Stock has gone up in a sloppy market and nears $25 before the bell today. yield 2.5%+/-

Performance due to accretive additions to business and improved returnes on existing companies.
All business sectors helpped the bottom line.

ABM forward guidence said it now targets the upper range stated before.

***PinewoodsBear***


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