Wednesday, June 8, 2011

Mixed 2Q Results For ABM

The quarter financial results, 2011, and the provision of earnings per share of 26 cents GAAP, compared with 16 cents in the year ago quarter: ABM Industries Inc. (NYSE IBM). Recorded in several specific items which negatively impacted the quarterly earnings per share and on to the extent of 2 cents. Excluding these items, adjusted earnings per share announced in the quarter amounted to 28 cents versus 23 cents in the year-ago quarter, exceeding consensus estimates by a penny Zacks.
 

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