NYSE:ABMCommercial Services
ABM Industries (ABM): Reassessing Valuation After Earnings Miss, Margin Concerns and WGNSTAR Deal Fallout
ABM Industries (ABM) slid after its latest earnings update, as a headline miss on expectations and cautious commentary on margins and the WGNSTAR acquisition overshadowed decent revenue growth and a fresh dividend increase.
See our latest analysis for ABM Industries.
The latest pullback, including a 1 day share price return of minus 2.99% and year to date share price return of minus 17.51%, suggests sentiment has cooled despite solid earnings recovery, dividend growth and ongoing buybacks...