ABM will release its Q4 2024 financial results on December 18, 2024, with a conference call scheduled for 8:30 AM ET.
Quiver AI Summary
ABM, a major provider of facility solutions, announced that it will release its fiscal fourth quarter 2024 financial results on December 18, 2024, before the market opens. The company will host a conference call on the same day at 8:30 AM (ET) for interested parties to discuss the results, accessible via audio webcast or by phone. A supplemental presentation will also be available on ABM's website, and a replay of the call will be offered for three hours after the event through January 1, 2025. ABM, founded in 1909, serves a wide range of industries with comprehensive facility services and has over $8 billion in annual revenue.
Potential Positives
- ABM will be releasing its financial results for the fiscal fourth quarter 2024, which is significant as it provides critical insights into the company's performance and business health.
- The scheduled conference call on December 18, 2024, allows for transparency and engagement with investors, showcasing the company's commitment to communication and shareholder value.
- ABM's annualized revenue exceeding $8 billion highlights its substantial market presence and financial stability within the facility services sector.
- The diverse range of services offered by ABM across multiple industries demonstrates the company's versatility and ability to serve essential needs across various sectors.
Potential Negatives
- Announcement of financial results is scheduled for December 18, 2024, indicating a delay in reporting, which may lead to concerns about the company's financial transparency and performance.
FAQ
When will ABM release its fourth quarter 2024 financial results?
ABM will release its financial results on Wednesday, December 18, 2024, before market open.
How can I access the ABM quarterly conference call?
The conference call can be accessed via audio webcast on ABM's website or by calling (877) 451-6152 (domestic) or (201) 389-0879 (international).
What time is the ABM conference call scheduled for?
The conference call is scheduled for Wednesday, December 18, 2024, at 8:30 AM ET.
Will there be a replay of the financial results call?
Yes, a replay will be available approximately three hours after the call until January 1, 2025.
Where can I find more information about ABM's services?
More information about ABM's services can be found on the company's website at www.abm.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ABM Insider Trading Activity
$ABM insiders have traded $ABM stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $ABM stock by insiders over the last 6 months:
- EARL RAY ELLIS (EVP & Chief Financial Officer) has traded it 2 times. They made 0 purchases and 2 sales, selling 40,000 shares.
- SCOTT B SALMIRS (President and CEO) has traded it 3 times. They made 0 purchases and 3 sales, selling 50,000 shares.
- RENE JACOBSEN (EVP & Chief Operating Officer) has traded it 2 times. They made 0 purchases and 2 sales, selling 40,000 shares.
- DEAN A CHIN (SVP - Chief Accounting Officer) sold 2,042 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ABM Hedge Fund Activity
We have seen 145 institutional investors add shares of $ABM stock to their portfolio, and 167 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 2,474,159 shares (-100.0%) from their portfolio in Q3 2024
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 974,743 shares (-50.7%) from their portfolio in Q3 2024
- BANK OF AMERICA CORP /DE/ removed 337,116 shares (-43.1%) from their portfolio in Q3 2024
- SG CAPITAL MANAGEMENT LLC removed 307,701 shares (-100.0%) from their portfolio in Q2 2024
- PZENA INVESTMENT MANAGEMENT LLC added 278,575 shares (+67.0%) to their portfolio in Q3 2024
- INVENOMIC CAPITAL MANAGEMENT LP removed 225,695 shares (-100.0%) from their portfolio in Q2 2024
- CITADEL ADVISORS LLC added 189,559 shares (+162.9%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) , a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal fourth quarter 2024 on Wednesday, December 18, 2024, before market open.
ABM will host its quarterly conference call for all interested parties on Wednesday, December 18, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, www.abm.com , or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international) approximately 15 minutes prior to the scheduled time.
A supplemental presentation will accompany the webcast on the Company’s website.
A replay will be available approximately three hours after the webcast through January 1, 2025, and can be accessed by dialing (844) 512-2921 and then entering ID # 13749974. A replay link of the webcast will also be archived on the ABM website for 90 days.
ABOUT ABM
ABM (NYSE: ABM) is one of the world’s largest providers of integrated facility services. A driving force for a cleaner, healthier, and more sustainable world, ABM provides essential services that improve the spaces and places that matter most. From curbside to rooftop, ABM offers a comprehensive array of facility services that include janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission critical solutions. ABM delivers these custom facility solutions to properties across a wide range of industries – from commercial office buildings to schools, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM today has annualized revenue exceeding $8 billion and more than 100,000 team members in 350+ offices throughout the United States, United Kingdom and other international locations. For more information, visit www.abm.com .
Contact:
Investor Relations:
Paul Goldberg
212-297-9721
[email protected]
