Abm Industries Incorporated (ABM)
NYSE:ABM
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Earnings Data
Report Date
Sep 04, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.04Last Year’s EPS
0.82Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveys a constructive and improving company trajectory: strong top-line growth (record quarterly revenue and robust organic growth), record sales bookings, notable segment outperformance (Technical Solutions, Aviation, M&D), and a large year-over-year improvement in first-half free cash flow. Management is focused on margin recovery in the back half, deleveraging to below 3x, and capital discipline. Offsetting items include margin pressure in certain segments this quarter (mix and acquisition amortization), B&I client exits (notably TfL and West Coast pressure), higher interest expense and temporary leverage above target. Management provided clear plans to address these issues and maintained full-year guidance, and they incorporated prior-year self-insurance volatility into guidance to improve predictability.Company Guidance
Record Quarterly Revenue and Strong Organic Growth
Q2 revenue rose 8.4% year-over-year to a record $2.3 billion, driven by 6.1% organic growth and a 2.3% contribution from acquisitions (primarily WGNSTAR). Consolidated organic growth was the strongest since Q3 2022.
Record First-Half New Sales Bookings
First-half new sales bookings reached a company record of $1.2 billion, demonstrating strong sales momentum and successful business development execution.
Powerful Segment Performance — Technical Solutions, Aviation, M&D
Technical Solutions revenue grew 27% year-over-year (22% organic), Aviation up 20% to $310.8 million, and Manufacturing & Distribution grew 17% to $463.8 million (7% organic +9% from WGNSTAR acquisition), reflecting robust demand in data centers, semiconductors and aviation infrastructure.
Improved Adjusted EBITDA and Sequential Margin Progress
Adjusted EBITDA increased by $5.8 million to $131.7 million. Segment operating margin improved sequentially by ~20 basis points to 7.3%, signaling operational execution and early margin recovery.
Material Free Cash Flow and Working Capital Improvement
First-half cash from operations was $128.2 million and free cash flow was $71.2 million versus a use of cash of $73.9 million and negative free cash flow of $107.8 million in the prior year — an ~ $180 million year-over-year improvement driven by working capital management and ERP stabilization.
Strategic M&A Integration — WGNSTAR Adding Value
WGNSTAR acquisition contributed meaningfully to M&D and semiconductor results (about 9% of M&D growth) and expanded ABM's position inside fabs and across ~300 sites with 60+ semiconductor clients, supporting double-digit growth prospects in the segment.
Maintained Full-Year Guidance with Upside to Organic Growth
Management is maintaining fiscal 2026 adjusted EPS guidance of $3.85 to $4.15 and expects full-year organic revenue growth of 3%–4% toward the higher end. WGNSTAR is expected to add ~1 point of revenue growth, helping bring company growth toward the high end of the 4%–5% range.
Balance Sheet Liquidity and Deleveraging Plan
Total indebtedness was $1.9 billion with available liquidity of $614 million (including $95 million cash). Leverage was 3.2x post-WGNSTAR and management expects to reduce leverage to below 3x by fiscal year-end.
ABM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ABM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 05, 2026 | $39.88 | $42.54 | +6.67% |
Mar 10, 2026 | $42.95 | $40.97 | -4.62% |
Dec 17, 2025 | $45.10 | $47.57 | +5.49% |
Sep 05, 2025 | $47.16 | $47.31 | +0.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Abm Industries Incorporated (ABM) report earnings?
Abm Industries Incorporated (ABM) is schdueled to report earning on Sep 04, 2026, After Close (Confirmed).
What is Abm Industries Incorporated (ABM) earnings time?
Abm Industries Incorporated (ABM) earnings time is at Sep 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ABM EPS forecast?
ABM EPS forecast for the fiscal quarter 2026 (Q3) is 1.04.