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ABM Industries (ABM) to Report Q2 Earnings: What's in Store?

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ABM Industries Inc. (ABM - Free Report) is scheduled to report second-quarter fiscal 2019 results on Jun 5, after market close.

So far this year, shares of ABM Industries have gained 12.9% compared with the industry’s rise of 16.2%.

 

Let’s check out the expectations in detail.

The Zacks Consensus Estimate for second-quarter fiscal 2019 revenues stands at $1.61 billion, indicating growth of 1.9% from the year-ago reported figure. The top line is expected to be driven by organic revenue growth.

In first-quarter fiscal 2019, total revenues of $1.61 billion increased 1.2% year over year. Organic revenue growth was 2%.

The Zacks Consensus Estimate for earnings per share (EPS) in the to-be-reported quarter is pegged at 41 cents, indicating decline of 12.8% from the year-ago reported figure. In first-quarter fiscal 2019, adjusted earnings of 31 cents per share increased 19.2% year over year.

What Our Model Says

Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially when the company is seeing negative estimate revisions. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

ABM Industries has an Earnings ESP of 0.00% and a Zacks Rank #3, a combination that makes surprise prediction difficult.

ABM Industries Incorporated Price and EPS Surprise

 

ABM Industries Incorporated Price and EPS Surprise

ABM Industries Incorporated price-eps-surprise | ABM Industries Incorporated Quote

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings:

FLEETCOR Technologies has an Earnings ESP of +0.09% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Delphi Technologies has an Earnings ESP of +2.11 and a Zacks Rank #3.

Booz Allen Hamilton (BAH - Free Report) has an Earnings ESP of +0.48% and a Zacks Rank #3.

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