These Analysts Revise Their Forecasts On ABM Following Q3 Results
1. ABM's revenue increased 6.2% to $2.22 billion, exceeding analyst expectations. 2. Adjusted net income fell to $51.7 million, below estimates of 95 cents per share. 3. Management expects fourth-quarter earnings and margins to improve significantly. 4. Analysts issued mixed ratings post-earnings: Baird downgraded, UBS maintained Buy. 5. ABM secured $1.5 billion in new bookings, a 15% year-over-year increase.