ABM Industries Sees Fiscal '09 Within Wall St View
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ABM
NEW YORK (AP) Facility services contractor ABM Industries Inc. said Wednesday it expects its fiscal 2009 adjusted income from continuing operations will be in the range of $1.25 to $1.35 per share.
That compares with analysts polled by Thomson Reuters, who forecast a profit of $1.33 per share. Analysts often exclude one-time items from their estimates. The company estimates that its fiscal 2009 income from continuing operations will be between $1.05 and $1.15 per share. This prediction includes insurance expenses. ABM also said Wednesday its third-quarter earnings fell 25 percent due to insurance expenses and one-time costs. Shares closed down 29 cents at $21.97.- Loading Comments...
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