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ABM Industries Inc. (ABM) Tuesday reported third-quarter net income of $56.0 million or $0.83 per share, up from $36.8 million or $0.55 per share last year.


RTTNews | Sep 8, 2020 04:47PM EDT

16:46 Tuesday, September 8, 2020 (RTTNews.com) - ABM Industries Inc. (ABM) Tuesday reported third-quarter net income of $56.0 million or $0.83 per share, up from $36.8 million or $0.55 per share last year.

Adjusted income from continuing operations rose to $0.75 per share from $0.60 per share last year.

Third-quarter revenues dropped 15.4% to $1.394 billion from $1.648 billion last year.

Analysts polled by Thomson Reuters expected earnings of $0.42 per share on revenues of $1.47 billion.

Moving ahead, the company did not provide an outlook due to the "extraordinary and evolving nature of the COVID-19 pandemic."

Read the original article on RTTNews ( https://www.rttnews.com/3126969/abm-industries-q3-profit-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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