ABM Reports Q2 CY2026 Results In Line With Expectations

Earnings
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ABM Industries reported second-quarter fiscal 2026 results that met Wall Street's revenue expectations, with sales rising 4.2% year over year to $2.32 billion, slightly above the $2.31 billion consensus. Adjusted earnings per share came in at $1.04, beating analyst estimates of $1.01 by 2.6%, while adjusted EBITDA of $139.6 million missed the $144.7 million forecast. The company raised its full-year adjusted EPS guidance to $4.03 at the midpoint. CEO Scott Salmirs highlighted record quarterly revenue and strong cash generation, with growth in Aviation and Manufacturing & Distribution segments, though Technical Solutions faced project deferrals. Shares were flat at $46.69 following the announcement.

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