ABM Industries Inc. (NYSE:ABM) shares rose Friday after the facility services provider reported second-quarter results that topped Wall Street estimates and reaffirmed its fiscal 2026 adjusted earnings outlook.
Earnings Beat Expectations
Something went wrong.
ABM reported adjusted earnings of 90 cents per share for the second quarter, exceeding analysts’ estimates of 87 cents per share. Revenue increased 8.4% year over year to $2.29 billion, ahead of the consensus estimate of $2.21 billion.
Organic revenue growth was 6.1%, while acquisitions contributed an additional 2.3%, primarily from the WGM Star acquisition.
