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A Preview Of ABM Industries's Earnings

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ABM Industries (NYSE:ABM) releases its next round of earnings this Tuesday, March 09. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts expect ABM Industries earnings of $0.59 per share. Revenue will likely be around $1.48 billion, according to the consensus estimate. ABM Industries reported a profit of $0.39 per share when it published results during the same quarter last year. Sales in that period totaled $1.61 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on ABM

If the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be up 51.28%. Sales would be down 8.25% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.70

0.42

0.29

0.29

EPS Actual

0.69

0.75

0.60

0.39

Revenue Estimate

1.43 B

1.47 B

1.49 B

1.60 B

Revenue Actual

1.48 B

1.39 B

1.50 B

1.61 B

Stock Performance

Shares of ABM Industries were trading at $46.2 as of March 05. Over the last 52-week period, shares are up 47.93%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. ABM Industries is scheduled to hold the call at 08:30:00 ET and can be accessed here.

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