Partnership Renewal - HSF has renewed its partnership with ABM Industries, with ABM committing an annual support of $50,000 [1][2] - This investment highlights ABM's dedication to education and workforce development, aligning with HSF's mission to provide resources for higher education [2][3] Impact on HSF Programs - ABM's contributions will enhance HSF's support services, including leadership development, career guidance, and community engagement, which are crucial for student success [2][3] - The partnership allows HSF to expand its reach and impact, ensuring students nationwide receive necessary guidance and tools for academic and professional success [3] About HSF - HSF, founded in 1975, focuses on empowering students and parents with resources for higher education, having awarded over $756 million in scholarships [4] - The organization aims to prioritize college education for families and provides a range of support services for students and alumni [4] About ABM - ABM is a leading provider of integrated facility, engineering, and infrastructure solutions, with over $8 billion in annual revenue and a workforce of over 100,000 [5] - The company serves various sectors, including commercial real estate and aviation, and is committed to creating smarter, more connected spaces [5]

The leading facility, engineering and infrastructure provider recognized for sales culture excellenceNEW YORK, July 11, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility, engineering, and infrastructure solutions announced today it has been included on Selling Power Magazine’s list of 60 Best Companies to Sell For 2025. This is the fourth consecutive year ABM has earned the recognition. More than 200 companies were analyzed across key categories, including: Company Overview ...

Group 1 - The article discusses the importance of identifying and supporting underdog stocks, encouraging readers to share their favorite and least favorite stock tickers for future reports [1] - The Dividend Dog Catcher group leader shares at least one new dividend stock idea weekly, focusing on yield or extraordinary financial circumstances, with all ideas archived for future reference [2] - The article emphasizes that past performance does not guarantee future results and that no specific investment recommendations are provided [3]

Investors in ABM Industries Incorporated (ABM) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 18, 2025 $25 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It coul ...

ABM Connect™ for Aviation to Elevate Guest Experience and Operational Efficiency Across One of the Busiest U.S. Airports MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility, engineering, and infrastructure solutions, is proud to announce a new five-year partnership valued at approximately $125 million with Miami-Dade County to provide comprehensive janitorial, smart facility, and integrated maintenance services at Miami International Airport (“MIA”). This agreement inclu ...

Core Insights - ABM reported mixed results for Q2 fiscal 2025, with earnings per share (EPS) missing estimates while revenues exceeded expectations [1][2][8] - The stock has declined 12.3% since the results were released on June 6 due to disappointing earnings and weak EPS guidance [1][8] - For fiscal 2025, ABM expects adjusted EPS in the range of $3.65-$3.80, with the midpoint lower than the consensus estimate [1][8] Financial Performance - ABM's EPS was 86 cents, missing the Zacks Consensus Estimate by 1.2% and declining 1.2% year over year [2][8] - Total revenues reached $2.1 billion, surpassing estimates by 2.2% and increasing 4.6% from the previous year [2][8] - Adjusted EBITDA was $125.9 million, up 4% from the year-ago quarter, with an adjusted EBITDA margin of 6.2% [6] Segment Performance - Business & Industry segment revenues increased 2.6% year over year to $1 billion, supported by healthy office leasing activity [3] - Manufacturing & Distribution segment revenues rose 2.4% to $398.1 million, benefiting from strong industrial activity and new business [3] - Aviation segment revenues grew 9.2% to $260.1 million, driven by robust domestic air travel [4] - Technical solutions segment revenues increased 19.3% to $210.2 million, supported by strong demand in data centers [5] Balance Sheet and Cash Flow - At the end of Q2 fiscal 2025, ABM had cash and cash equivalents of $58.7 million, slightly down from $59 million in the previous quarter [7] - Long-term debt remained flat at $1.5 billion, and net cash utilized by operating activities was $32.3 million for the quarter [7] - Free cash flow for the quarter was $15.2 million [7]

Company Overview - ABM is a leading provider of integrated facility, engineering, and infrastructure solutions with over 100,000 team members delivering essential services [6] - The company serves various market sectors including commercial real estate, aviation, education, mission critical, and manufacturing and distribution [7] - ABM generates over $8 billion in annual revenue and has a blue-chip client base [7] Leadership Appointment - Carol Clements has been appointed to ABM's Board of Directors, bringing over 25 years of experience in technology and digital transformation [2][4] - Clements currently serves as Chief Digital and Technology Officer at JetBlue Airways, focusing on technology and innovation strategy [3] - Her previous roles include leadership positions at Yum! Brands and Southwest Airlines, showcasing her extensive background in the industry [4][5] Strategic Vision - Clements expressed her honor in joining ABM at a pivotal moment, emphasizing the company's focus on leveraging technology and innovation [4] - The Chairman of the Board, Sudhakar Kesavan, highlighted Clements' unique blend of strategic vision, technology expertise, and operational leadership as valuable to ABM's future success [5]

ORLANDO, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility, engineering, and infrastructure solutions, has been awarded a new contract by the Greater Orlando Aviation Authority (GOAA) to provide parking and employee shuttle services at Orlando International Airport (MCO). With this 10-year agreement valued at approximately $300 million, ABM is now the trusted partner delivering both parking and shuttle transportation services at MCO, one of the busiest and fastest-growi ...

Core Viewpoint - ABM has appointed David Orr as the new Executive Vice President and Chief Financial Officer, succeeding Earl Ellis, to drive growth and transformation within the company [1][2]. Company Leadership - David Orr has been promoted from Senior Vice President, Financial Planning and Analysis, to CFO, reflecting the talent cultivated within ABM [2]. - Scott Salmirs, President and CEO of ABM, expressed confidence in Orr's understanding of the industry and commitment to operational excellence [2]. Career Background of David Orr - Orr has been with ABM since 2001, holding various leadership roles in finance, strategy, and operations, including significant contributions to financial planning and performance measurement [3]. - He has a bachelor's degree in business administration and an MBA, showcasing a strong educational background relevant to his new role [3]. Company Overview - ABM is one of the largest providers of integrated facility, engineering, and infrastructure solutions, with over 100,000 team members delivering essential services [4]. - The company serves diverse market sectors, including commercial real estate and aviation, and generates over $8 billion in annual revenue [5].

Group 1 - ABM Industries' stock rose over 3.5% following two analyst upgrades, outperforming the S&P 500 index which remained flat [1] - The company reported a minor revenue beat but slightly missed profitability estimates in its Q2 fiscal 2025 earnings [2][4] - Initial investor reaction to the earnings report was negative, leading to a sell-off of ABM shares [4] Group 2 - Analyst Andrew Wittman from Baird upgraded ABM's recommendation to outperform with a price target of $56, citing the unjustified sell-off and attractive pricing [5] - UBS analyst Joshua Chan also upgraded ABM to buy with a price target of $50, encouraged by renewed growth in the company's core business and industry segment [6]