ABM Industries Reports Record Q3 Revenue, Raises Full-Year Outlook

Earnings
โดย MarketBeat·US·Read original
Summary · why it matters

ABM Industries reported record third-quarter revenue of more than $2.3 billion, up 4.2% year over year, and raised its fiscal 2026 adjusted EPS forecast to $3.95–$4.10. Adjusted diluted EPS rose 27% to $1.04, while net income increased 19% to $49.7 million. The company also lifted its reported free-cash-flow outlook to approximately $210 million, up from $185 million. Growth in semiconductor, microgrid, and data-center businesses drove results, but Aviation margins declined and about $15 million of Technical Solutions projects were deferred, mostly into the fourth quarter. CEO Scott Salmirs cited strong performance despite project timing and client exits, with adjusted EBITDA up 11% to $139.6 million.

Impact on stocks 2

Industrials · 2 stocks