Shares of ABM Industries Incorporated (ABM Quick QuoteABM ) have gained 22.2% so far this past year against 1.6% decline of the industry it belongs to.
Image Source: Zacks Investment Research
Let’s delve into factors that have contributed to the company’s outperformance:
Consecutive Earnings Beat
ABM Industries came up with better-than-expected earnings performance in the past three quarters. The company’s bottom line continued to benefit from higher margin improvement in Work Orders and persistent management of direct labor to align with the....More>>>