ABM Industries Q3 EPS Estimate Boosted by Zacks Research

ABM Industries Incorporated (NYSE:ABM) – Stock analysts at Zacks Research upped their Q3 2026 EPS estimates for ABM Industries in a research report issued to clients and investors on Friday, June 26th. Zacks Research analyst Team now anticipates that the business services provider will earn $0.97 per share for the quarter, up from their previous forecast of $0.96. The consensus estimate for ABM Industries’ current full-year earnings is $3.97 per share. Zacks Research also issued estimates for ABM Industries’ Q4 2026 earnings at $1.22 EPS, FY2026 earnings at $3.92 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $0.97 EPS, Q3 2027 earnings at $1.22 EPS, Q4 2027 earnings at $1.21 EPS, FY2027 earnings at $4.30 EPS, Q1 2028 earnings at $1.11 EPS, Q2 2028 earnings at $1.08 EPS and FY2028 earnings at $4.55 EPS.

ABM Industries (NYSE:ABM) last released its quarterly earnings data on Friday, June 5th. The business services provider reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.02). The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.21 billion. ABM Industries had a return on equity of 11.84% and a net margin of 1.75%.The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 EPS. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS.

Other equities analysts also recently issued research reports about the company. Truist Financial dropped their price target on ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Maxim Group upgraded ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Wednesday, March 11th. Weiss Ratings lowered ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Robert W. Baird lifted their price objective on ABM Industries from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Monday, June 8th. Finally, UBS Group dropped their price objective on ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $47.00.

ABM Industries Price Performance

Shares of NYSE ABM opened at $45.42 on Monday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.04. The company’s 50-day moving average price is $41.30 and its 200 day moving average price is $42.35. ABM Industries has a 52 week low of $36.96 and a 52 week high of $50.12. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 17.47, a PEG ratio of 1.19 and a beta of 0.71.

ABM Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.16 annualized dividend and a yield of 2.6%. ABM Industries’s payout ratio is 44.62%.

Insiders Place Their Bets

In related news, CEO Scott B. Salmirs sold 50,000 shares of ABM Industries stock in a transaction on Friday, June 12th. The shares were sold at an average price of $46.34, for a total transaction of $2,317,000.00. Following the sale, the chief executive officer owned 395,285 shares of the company’s stock, valued at $18,317,506.90. The trade was a 11.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Institutional Trading of ABM Industries

Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its holdings in ABM Industries by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,076,047 shares of the business services provider’s stock worth $157,007,000 after buying an additional 24,213 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of ABM Industries by 31.7% during the third quarter. Invesco Ltd. now owns 2,390,863 shares of the business services provider’s stock valued at $110,267,000 after acquiring an additional 575,273 shares during the period. Pzena Investment Management LLC grew its position in shares of ABM Industries by 30.0% during the first quarter. Pzena Investment Management LLC now owns 1,522,936 shares of the business services provider’s stock worth $58,663,000 after acquiring an additional 351,407 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of ABM Industries by 419.5% during the third quarter. Ameriprise Financial Inc. now owns 1,111,320 shares of the business services provider’s stock worth $51,254,000 after acquiring an additional 897,402 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of ABM Industries in the 4th quarter worth about $32,850,000. 91.62% of the stock is owned by institutional investors and hedge funds.

More ABM Industries News

Here are the key news stories impacting ABM Industries this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $3.92 from $3.91, signaling slightly better expected profitability in the current fiscal year.
• Positive Sentiment: The firm also increased its Q3 2026 EPS estimate to $0.97 from $0.96 and lifted Q4 2026 EPS to $1.22 from $1.20, which supports the view that ABM’s near-term earnings outlook is improving.
• Positive Sentiment: Longer-dated estimates were also nudged higher in places, including Q1 2028 EPS to $1.11 from $1.02 and Q3 2027 EPS to $1.22 from $1.08, reinforcing confidence in longer-term earnings growth.
• Neutral Sentiment: ABM still faces mixed analyst sentiment overall, as some forecasts were cut at the same time, including Q1 2027, Q2 2027, Q4 2027, and FY2028 EPS estimates, creating a balanced but not clearly negative picture.
• Negative Sentiment: Zacks Research lowered its FY2027 EPS estimate to $4.30 from $4.37 and trimmed FY2028 EPS to $4.55 from $4.83, suggesting some caution about growth further out.

ABM Industries Company Profile

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.