ABM Industries IncorporatedABM
▲ PositiveCapitalrelevance
Record revenue and raised guidance drove shares up 7.6%.
Impact on stocks 2
Industrials
ABM Industries IncorporatedFinancials
China Dvlp Bk Finl Leasing Co1606
Mentioned
ABM Industries shares surged 7.4% in afternoon trading after the company reported record second-quarter revenue and raised its full-year financial guidance. For the period ended July 31, 2026, ABM achieved record revenue of $2.32 billion, up 4.2% year over year. Net income climbed 19% to $49.7 million, or $0.84 per diluted share, while adjusted net income grew 19% to $61.5 million, or $1.04 per diluted share. Adjusted EBITDA improved 11% to $139.6 million. The company also raised its full-year outlook for adjusted earnings per share, operating cash flow, and free cash flow. Shares closed at $50.64, up 7.6%, marking a new 52-week high.
ABM Industries IncorporatedRecord revenue and raised guidance drove shares up 7.6%.
China Dvlp Bk Finl Leasing Co